US secretary of state Mike Pompeo comments in Singapore
- Says Trump believes Kim has an unprecedented opportunity
- Hopeful the summit will set the conditions for future productive talks
- Ultimate objective being seek from North Korea has not changed
- Any suggestion that US lacks technical expertise at talks is mistaken
- Talks to come to a conclusion quicker than thought
- Says Trump acknowledges North Korea's need for security
- Tomorrow will be the clearest indication on whether North Korea shares US' vision
- Sanctions to remain in place until North Korea denuclearises
- Very optimistic will get successful outcome
The tone heading into meeting is that the two are set for some successful discussions - or at least productive ones - which will build the platform for future meetings as well. That won't take away any of the feel-good factor we have seen from equities and risk assets to start the week, but a poor outcome from the meeting can see markets take a bit of a hit considering all the positive anticipation right now.