Despite the fact that the meeting between the leaders of the US and North Korea will not be held until June 12th, already two senior US government officials have announced some plans for joint cooperation. The United States will soon be able to invest in North Korea, as well as provide it with access to technology. However, all this will happen only after the verification of the complete denuclearization of the country and sufficient evidence that in the future nuclear weapons will not reappear.
Donald Trump has ordered the US Department of Commerce to renew their cooperation with ZTE Corp since after the blockade by the US the second largest telecommunications company in China began to lose profits. The firm said that it had suspended all major operations on May 10, and the company's shares ceased to be traded on the Hong Kong stock exchange last month.
Malaysian markets opened optimistically and must be restored after the election victory which unexpectedly defeated Mahathir Mohamad, who will try to reassure investors.
Today there will be a series of speeched by ECB members, as well as a speech by FOMC member Bullard.