Trump comments in Vietnam as the two-day summit with North Korea begins

Kim Trump
  • Says that Kim wants to do something great
  • Looking forward to meeting later today
  • Says Kim can make North Korea into an economic power
  • Appreciates that trade deficit with Vietnam is reducing

All smiles so far but the summit here isn't as crucial an event for markets as risk relative to the first one last year. For all the positive commentary in the build-up, it's not likely that we'll see any major changes come from North Korea; much like what we have seen after the conclusion of the first summit.