The upcoming summit between the US and North Korea still looks to be on the cards, according to analysts at Danske Bank. Key Quotes “Apparently, US and North Korean officials are set to meet before 12 June to plan the summit. In addition, Japan’s Prime Minister Abe is set to meet US President Trump before the summit to discuss North Korea.” “Economic data releases published in Japan overnight matched expectations. The Japanese unemployment rate was unchanged at 2.5%.” “Italy remains in focus in financial markets and in particular the European fixed income market. Italian bond yields continued to surge yesterday and the Italian equity market lost more than 2%. Finally, some spillover to EUR/USD was likely part of the reason for the pair’s decline towards the 1.16 level.” “In Turkey, TRY found support yesterday after the central bank announced a simplification of the monetary policy by moving the previous main policy rate (one-week repo rate) up to the late liquidity window rate (LLWR), which has served as the de facto policy rate over the past half year.” “The price of Brent crude has stabilised after two days of steep drops. It is now trading around the USD75-76/bbl level. While the sell-off on Friday was due to a stronger supply outlook, the price decline yesterday was likely more due to sour risk sentiment in equity markets and the rise in the US dollar.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD sticking to lows as the UK wraps up a long weekend FX Street 5 years The upcoming summit between the US and North Korea still looks to be on the cards, according to analysts at Danske Bank. Key Quotes "Apparently, US and North Korean officials are set to meet before 12 June to plan the summit. In addition, Japan's Prime Minister Abe is set to meet US President Trump before the summit to discuss North Korea." "Economic data releases published in Japan overnight matched expectations. The Japanese unemployment rate was unchanged at 2.5%." "Italy remains in focus in financial markets and in particular the European fixed income market. Italian bond yields continued to surge yesterday… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
