{"id":25467,"date":"2018-03-09T12:28:15","date_gmt":"2018-03-09T06:58:15","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=25467"},"modified":"2018-04-16T12:48:45","modified_gmt":"2018-04-16T07:18:45","slug":"friday-9th-march-trump-to-meet-kim-jong-un-by-may-to-discuss-denuclearization","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/friday-9th-march-trump-to-meet-kim-jong-un-by-may-to-discuss-denuclearization\/","title":{"rendered":"Friday 9th March: Trump to meet Kim Jong Un by May to discuss denuclearization"},"content":{"rendered":"<h4>\n\t<span style=\"font-size:14px;\"><strong>Global Markets:<\/strong><\/span><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">Asian stock markets: Nikkei up 0.47%, Shanghai Composite up 0.56%, Hang Seng up 1.07%, ASX up 0.34%<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Commodities: Gold at $1319.30 (-0.19%), Silver at $16.445 (-0.30%), WTI Oil at $60.20 (+0.13%), Brent Oil at $63.74 (+0.20%)<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Rates: US 10-year yield at 2.872, UK 10-year yield at 1.474, German 10-year yield at 0.632<\/span>\n\t<\/li>\n<\/ul>\n<h4>\n\t<span style=\"font-size:14px;\"><strong>News &amp; Data:<\/strong><\/span><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">(JPY) BOJ Policy Rate -0.10% vs -0.10% expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(CNY) PPI y\/y 3.70% vs 3.80% expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(CNY) CPI y\/y 2.90% vs 2.50% expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) Unemployment Claims 231K vs 220K expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(CAD) NHPI m\/m 0.00% vs 0.10% expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(CAD) Building Permits m\/m 5.60% vs -0.30% expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(EUR) Minimum Bid Rate 0.00% vs 0.00% expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">BOJ&#39;s Kuroda: Japan&#39;s economy has improved a lot in the past 5 years<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Japanese Yen Looks Past BOJ as N. Korea Nuclear Deal Holds Sway<\/span>\n\t<\/li>\n<\/ul>\n<h4>\n\t<span style=\"font-size:14px;\"><strong>Markets Update:<\/strong><\/span><br \/>\n<\/h4>\n<p>\n\t<span style=\"font-size:14px;\">Asian markets traded in the green today, although they pared some of the sharp early gains, in anticipation of US payroll data.&nbsp; Risk sentiment boosted by reports Trump will meet North Korean leader Kim Jong-un by May to discuss denuclearization.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">This development follows recent thaw in tensions that culminated in a historic meeting between Kim and South Korean envoys this week. As expected, Korean equities outperforming with won also higher vs dollar<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">Nikkei off highs following a mid-session spike lower. Nothing specifically cited for the drop, which occurred ahead of BoJ. Few surprises from decision to leave policy unchanged. Yen holding near lows vs dollar, and JGB rates lower at the long-end of the curve. Central bank maintained views on the Japanese economy and implications were limited from its more upbeat assessment of overseas economies.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">Hang Seng leading China market gains with M&amp;A a highlight amid reports China Resources Beer is in talks to buy Heineken&rsquo;s China business. Latest data revealed an in-line drop in February new loans, and CPI inflation surprising higher on a food price spike. <\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">Limited implications given likely distortion from Lunar New Year. Remarks PBoC officials, including outgoing Governor Zhou, touched on similar themes around need for capital market reform and regulatory coordination.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\"><strong>Upcoming Events:<\/strong><\/span>\n<\/p>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">09:30 AM GMT &#8211; (GBP) Manufacturing Production m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">09:30 AM GMT &#8211; (GBP) Goods Trade Balance<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">01:30 PM GMT &#8211; (CAD) Employment Change<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">01:30 PM GMT &#8211; (CAD) Unemployment Rate<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">01:30 PM GMT &#8211; (USD) Average Hourly Earnings m\/m<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">01:30 PM GMT &#8211; (USD) Non-Farm Employment Change<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">01:30 PM GMT &#8211; (USD) Unemployment Rate<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\"><span style=\"margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 14px; line-height: inherit; font-family: inherit; vertical-align: baseline;\"><span style=\"margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;\"><span style=\"margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;\"><span style=\"margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;\"><a href=\"https:\/\/www.icmarkets.com\/education\/forex-news-and-calendar\/\" style=\"margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline; color: rgb(0, 0, 0); text-decoration-line: none; outline: 0px;\">&amp;more&hellip;<\/a><\/span><\/span><\/span><\/span><\/span>\n\t<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian stock markets: Nikkei up 0.47%, Shanghai Composite up 0.56%, Hang Seng up 1.07%, ASX up 0.34% Commodities: Gold at $1319.30 (-0.19%), Silver at $16.445 (-0.30%), WTI Oil at $60.20 (+0.13%), Brent Oil at $63.74 (+0.20%) Rates: US 10-year yield at 2.872, UK 10-year yield at 1.474, German 10-year yield at 0.632 News &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/friday-9th-march-trump-to-meet-kim-jong-un-by-may-to-discuss-denuclearization\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Friday 9th March: Trump to meet Kim Jong Un by May to discuss denuclearization<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":25445,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-25467","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/25467","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/comments?post=25467"}],"version-history":[{"count":2,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/25467\/revisions"}],"predecessor-version":[{"id":25469,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/25467\/revisions\/25469"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/media\/25445"}],"wp:attachment":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/media?parent=25467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=25467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=25467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}