North Korea

It’s been a very interesting morning for financial markets, although the response in financial markets has been relatively muted under the circumstances.
Much was made of U.S. President Donald Trump’s historic summit with North Korean leader Kim Jong Un but in the end there was no fireworks and it turned out to be a bit of a damp squib.
The market focus of the world is focused on the events taking place in Singapore, with history being made today as Donald Trump became the first sitting American president to meet face-to face with a North Korean leader.

European politics

Breaking News! North Korea has agreed to denuclearization. Great! But what does it mean for the gold market? And… why is this not true?
Investors’ appetite for risk improved in the latter parts of last week and the positively has continued at the start of this one.
Risk on, risk off. That has been the dominant theme across the markets in recent weeks and at the start of this week traders have switched it back on.

Atlantic Hurricanes, Mexican earthquakes, North Korean missiles, OPEC cuts production and adheres to it; all with the heating season on the way.

The new week, month and quarter has started brightly for the U.S. dollar, with both the Brish pound/U.S. dollar (GBP/USD) currency pair and euro/U.S. dollar (EUR/USD) currency pair trading lower at the time of this writing.
Oil is officially back in a bull market even as a rising dollar is causing some profit taking early.