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Trump Cancels Summit with North Korea’s Kim; UK GDP Data in Focus

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Market sentiment was hit once again yesterday after US President Trump decided to cancel the summit with North Korean leader Kim, scheduled for the 12th of June. However, the uncertainty was tempered following headlines that both nations appear willing to resume talks. As for today, the 2nd estimate of the UK GDP for Q1 is coming out and is expected to confirm the initial print.

US President Trump Cancels Summit with North Korean Leader

The dollar ended the day virtually unchanged, within a range of ±0.10%, against all but three of the other G10 currencies. It outperformed CAD and NOK, while it lost some ground against CHF.

Market sentiment was hit once again yesterday after US President Trump sent a letter to North Korean leader Kim, canceling the summit scheduled for the 12th of June. The President decided to...

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Source: https://research.jfdbrokers.com/en/research-education/jfd-research/daily-market-report/6-daily-market-report/14331-trump-cancels-summit-with-north-korea-s-kim-uk-gdp-data-in-focus.html
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