Stocks On Edge Dollar Rises As Trump Kim Raise Hopes At Landmark Summit

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SYDNEY – The dollar jumped to a 3-week top on Tuesday while stock markets in Asia ticked higher as a landmark U.S.-North Korea summit in Singapore raised hopes the bitter foes might be able to strike a deal to end a nuclear stand-off on the Korean peninsula.

U.S. President Donald Trump said he had forged a “good relationship” with North Korean leader Kim Jong Un at the start of their historic meeting, just months after they traded insults and tensions spiraled in the region over the reclusive regime’s nuclear programs.

Kim said the meeting was “a good prelude to peace”, but there was some unease among investors about the outcome of the talks given the tense relations between the two nations.




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