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28 Feb 2019

US Pres. Trump: “N. Korea wanted sanctions lifted entirely and we couldn’t do that”

The US President Donald Trump is on the wires now, via Reuters, addressing the press conference following the abrupt conclusion to the Trump-Kim Summit in Vietnam.

Key Headlines:

Thought it wasn't a good time to be signing anything.

Kim is quite a guy and quite a character.

Had some options but decided not to take them.

Talks were very productive.

N. Korea wanted sanctions lifted entirely and we couldn’t do that.

N. Korea wasn't willing to give what we wanted to lift sanctions.

Kim has a certain vision but not the one that we want.

The differences will be bridged over time.

Feb 28, 2019

EUR/GBP to target 0.84 in 3M – Danske Bank

Jens Nærvig Pedersen, senior analyst at Danske Bank, explains that the EUR/GBP pair has stabilised just above the 0.855 level after the break below 0.

TD Securities: Dips below 1.31 to find support for USD/CAD

TD Securities analysts suggest that the USD's sogginess has helped to pull USD/CAD pair near key daily uptrend support and they anticipate dips below