The US-NK summit: is it really a progress?

The US-NK summit: is it really a progress?

Before the world was discussing a possibility of the US-North Korea summit. After the summit ended, the world can’t stop talking about it.

The summit was under threat as there was a huge number of North Korean nuclear and missile tests and angry exchanges between Donald and Kim last year that fueled fears of war. However, it took place on June 12. It was the first summit between a sitting US president and a North Korean leader. And Mr. Trump can’t stop admiring his agreement with the North Korean leader.



Donald Trump assured that North Korea is not a nuclear threat anymore, both countries are far from a war now and citizens can be calm.


Also, the US president promised he would halt joint military exercises with South Korea while talks were ongoing with North Korea. But the joint statement doesn’t have the information on joint exercises, mentioning only unspecified U.S. “security guarantees” toward North Korea.

It can seem that the US and North Korea made a great step toward an effective relationship. However, US sanctions on North Korea are still in force. According to Mr. Trump, he would like to lift the sanctions, however, it wouldn’t happen immediately.

Moreover, not everyone is so excited about the agreement. According to analysts, the statement that was signed by two leaders means nothing. First of all, analysts noticed a lack of details. Secondly, they are sure that all four main points were in the previous documents with North Korea and the North Korean leader had done nothing now to show he could be trusted.

But Donald Trump doesn’t sleep and tweets more and more.


Mr. Trump declared his willingness to invite Kim Jong-un to White House very soon. Let’s see whether we will get more details from these two guys.


USD is on the back foot after Trump's comments
USD is on the back foot after Trump's comments

US stocks and oil slipped as Donald Trump threatened not to sign a long-awaited stimulus bill into law. The market sentiment had been already fragile, and Trump’s comments worsened it even more.

Latest news

Can the UK CPI surprise?
Can the UK CPI surprise?

The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.

The US Retail Sales Update
The US Retail Sales Update

The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.

Deposit with your local payment systems

Be on top of your game

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera