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Dollar jumps, stocks cautious amid optimism over Trump-Kim summit

Investors were hopeful of a positive outcome from a highly anticipated U.S.-Korea summit

Reuters  |  Sydney 

The dollar jumped to a 3-week top on Tuesday while Asian shares started cautiously as investors were hopeful of a positive outcome from a highly anticipated U.S.-Korea summit, which could set the stage for ending a nuclear stand-off on the Korean peninsula. Japan's Nikkei <.N225> climbed 0.8 per cent to the highest in three weeks and South Korean shares added 0.1 per cent. Australia's <.AXJO> benchmark index was a tad firmer while New Zealand eased 0.3 per cent <.NZ50>. That left MSCI's broadest index of Asia-Pacific shares outside Japan ...

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First Published: Tue, June 12 2018. 06:28 IST
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