Global Markets: Stocks, dollar retreat after U.S.-North Korea summit

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"President Trump will react to holding the first-ever summit between a sitting USA president and a North Korean leader, the outcome of the meeting, and future relations between the US and North Korea", Fox News said in announcing the interview. But on the eve of the summit, the White House unexpectedly announced Trump would depart Singapore by Tuesday evening, meaning his time with Kim would be fairly brief.

While Trump was optimistic about prospects for the summit between the old foes, U.S. Secretary of State Mike Pompeo injected a note of caution ahead of the first-ever meeting of sitting U.S. and North Korean leaders, saying it remained to be seen whether Kim was honest about his willingness to denuclearise.

Yokota said she wondered how Japan would be viewed by the rest of the world if it can not seize such a golden opportunity, expressing her hope for the realization of a meeting between Abe and Kim as well as enhanced efforts by the Japanese government toward resolving the abduction issue.

He would not say whether that included the possibility of withdrawing US troops from the Korean Peninsula, but said the USA was "prepared to take what will be security assurances that are different, unique, than America's been willing to provide previously".

Pompeo, who led the outreach as Central Intelligence Agency director, traveled twice to North Korea for preliminary talks. The outcome, of course, would still be that USA goal of complete denuclearization.

North Korea, though, has shown little appetite for surrendering nuclear weapons it considers vital to the survival of Kim's dynastic rule.

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A peace treaty ending the Korean War, complete denuclearisation of North Korea or will it be just an elaborate get-to-know-you session?

U.S. President Donald Trump and North Korea's leader Kim Jong Un walk together before their working lunch during their summit at the Capella Hotel on the resort island of Sentosa, Singapore June 12, 2018.

Kim is due to leave on Tuesday afternoon, a source involved in the planning of his visit has said.

"I just think it's going to work out very nicely", he said during a lunch with Singapore's prime minister on Monday.

South Korean news network YTN reported expectations are running high the two sides will reach an agreement that reflect the atmosphere of accord in Singapore. Kim spent the day mostly out of view - until he left his hotel for a late-night tour of Singapore sights, including the Flower Dome at Gardens by the Bay, billed as the world's biggest glass greenhouse.

The foreign minister posted a selfie of him and a smiling Kim wearing his trademark dark Mao suit on Facebook.

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He accompanied the young leader at all four of his recent summits, twice with South Korean President Moon Jae-in and twice with Chinese President Xi Jinping.

Just a few months ago, Kim was an global pariah accused of ordering the killing of his uncle, a half-brother and scores of officials suspected of disloyalty.

At the conclusion of the summit, Trump hailed the talks as a historic, and personal, achievement.

President Donald Trump is predicting that he and North Korean leader Kim Jong Un will have "a terrific relationship" as they meet face to face for the first time.

Rodman told reporters at Changi airport that he'd travelled to Singapore "to see what's going on" and that he hoped "that things turn out to be well for everyone in the world".

Then aides to Trump and Kim will join the two leaders for an expanded bilateral meeting at 10 a.m.

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"I don't think (the Fed) is going to say anything particularly related to a rate hike in December", said Robert Pavlik, chief investment strategist and senior portfolio manager at SlateStone Wealth LLC in NY. From October 2-4 that year, he and Kim Jong Il met in Pyongyang.

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