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Posted On: 06/12/2018 6:56:10 AM
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President Donald Trump and Kim Jong Un signed a declaration that North Korea would work toward “complete denuclearization of the Korean peninsula,” with Trump saying representatives from the two sides will hold further meetings as soon as next week. While the agreement signed by the leaders has no deadline for North Korea to give up its nuclear capability, the president said in a press conference that progress would be made quickly. For the moment, markets are taking a wait-and-see approach to the summit as investors look for concrete moves from either side.
President Donald Trump and Kim Jong Un signed a declaration that North Korea would work toward “complete denuclearization of the Korean peninsula,” with Trump saying representatives from the two sides will hold further meetings as soon as next week. While the agreement signed by the leaders has no deadline for North Korea to give up its nuclear capability, the president said in a press conference that progress would be made quickly. For the moment, markets are taking a wait-and-see approach to the summit as investors look for concrete moves from either side.
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