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Stocks set for tense session after G7 and ahead Trump-Kim Summit

Stocks set for tense session after G7 and ahead Trump-Kim Summit

It was also Chung and Suh who relayed to Trump Kim's wishes to meet and to discuss denuclearization. Trump wrote on Twitter before departing the Shangri La hotel.

He would not say whether that included the possibility of withdrawing US troops from the Korean Peninsula, but said the USA was "prepared to take what will be security assurances that are different, unique, than America's been willing to provide previously".

During that same impromptu news conference at the G7, Trump said he felt optimistic about his meeting with Kim, which will be the first between a sitting United States president and North Korean leader.

Rodman is one of a handful of Westerners to have visited reclusive North Korea and met Kim. It did not include an agreement to take steps toward ending the technical state of warfare between the USA and North Korea.

With the leaders of the U.S. and North Korea set to meet on Tuesday, a significant change in the Korean Peninsula's security situation may be in store.

Asked by a reporter how he felt about the summit, Trump said: "Very good".

Trump spoke only briefly in public on Monday, forecasting a "nice" outcome.

He accepted the invitation from President Halimah Yacob to make a state visit to Singapore in November, in conjunction with the 6th Asean-US Summit and 13th East Asia Summit. They were held in North Korea for 11 months, beaten and interrogated before being released after the chief USA negotiator signed a statement acknowledging the ship illegally entered the North's territorial waters.

US Federal Reserve raises interest rates
The move reflects the economy's resilience, the job market's strength and inflation that's finally nearing the Fed's target level. All those countries have vowed to retaliate against any USA tariffs with their own penalties against US goods.

The US president will arrive later on Sunday. He initially touted the potential for a grand bargain with North Korea to rid itself of a nuclear missile programme that has advanced rapidly to threaten the United States.

While advisers say Trump has been reviewing briefing materials, the president insists his gut instincts will matter most when he gets in the room with Kim.

ANALYST'S TAKE: "The far from harmonious Quebec summit confirmed deep-seated G-6+1's expanding policy fissures on a plethora of significant concerns including climate change, the Iran nuclear deal and of course trade", Stephen Innes of currency trader Oanda said in a report.

A jet carrying Mr Kim landed on Sunday afternoon local time amid huge security precautions on the city-state island.

The North Korean autocrat's every move will be followed by 3,000 journalists who have converged on Singapore, and by gawkers around the world, up until he shakes hands with Trump on Tuesday.

Mr. Trump has said he wants to strike a deal to get the North to give up its nuclear weapons, but he has sought to lower expectations for the meeting, saying it may be the start of a long process. Trump arrived later in the day from a fraught G7 meeting with world leaders in Canada.

Kim is set to meet Tuesday with Trump in what's shaping up to be one of the most unusual summits in modern history.

People crowded around poster stands at subway stations around the capital to read the news and gathered at noon in front of the city's main train station to watch a big screen display of images of Kim getting off the special Air China flight that took him to Singapore.