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How money managers see Donald Trump-Kim Jong Un summit

Markets across Asia barely reacted after U.S. President Donald Trump and Kim signed an agreement

donald trump, kim jong un
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US President Donald Trump and North Korean leader Kim Jong-un at Singapore summit| Photo: Reuters

Min Jeong Lee, Abhishek Vishnoi and Livia Yap | Bloomberg
Investors have had the chance to review the details of Donald Trump and Kim Jong Un’s agreement to work toward the complete denuclearization of the Korean peninsula -- and the verdict is in.

"There aren’t any details,” said Kiyoshi Ishigane, chief strategist at Mitsubishi UFJ Kokusai Asset Management Co. in Tokyo. 

"They’re saying they’ll try. But we don’t know if this will actually materialize."

Markets across Asia barely reacted after U.S. President Donald Trump and Kim signed an agreement Tuesday that said that Trump would provide unspecific security guarantees to Kim in exchange for the North Korean leader’s pledge to work toward easing