Asian markets looked set to advance in early Tuesday trade ahead of the highly anticipated meeting between U. S. President Donald Trump and North Korean leader Kim Jong Un in Singapore.
Asian markets looked set to advance in early Tuesday trade as investors shrugged off trade-related jitters and ahead of several key events this week, including a highly anticipated meeting between U. S. President Donald Trump and North Korean leader Kim Jong Un in Singapore.
Nikkei futures traded in Chicago were up 0.64 percent compared to the index’s Monday close and Australian SPI futures were higher by 0.45 percent at the end of the last session.
The high-profile Trump-Kim summit — the first meeting between sitting leaders of both countries — is set to take place Tuesday morning, but analysts have said they expect little direct impact on the markets.
Trump and Kim will likely discuss future bilateral ties, although no major breakthroughs are expected from the meeting.
U. S. stocks finished the last session in positive territory despite recent trade concerns after last week’s tense G-7 summit, which Trump had attended before arriving in Singapore on Sunday.
