TRUMP, ASKED ON NORTH KOREA, SAYS HE GETS ALONG WITH KIM JONG UN, ADDING ON A POSSIBLE MEETING WITH THE NORTH KOREAN LEADER NEXT MONTH THAT HE IS NOT SURE IF ANYONE IS ASKING FOR A MEETING

Former President Donald Trump, responding to a question on North Korea, said he gets along with Kim Jong Un and floated a possible meeting with the North Korean leader next month, while adding he is not sure anyone is requesting one. The remarks are a diplomatic signal rather than a confirmed policy action, so the transmission runs mainly through geopolitical risk premia on the Korean Peninsula rather than through any direct change in trade or sanctions terms. Historically, headlines pointing toward U.S.-North Korea summitry have compressed risk premia in South Korean equities and the won, while defense names and safe-haven demand have tended to ease, though the effect often fades quickly without an announced date or agenda. South Korean assets, particularly the KOSPI and KRW crosses, are the most sensitive to this news given direct exposure to peninsula tension, with the uncertainty around whether any meeting is actually being arranged limiting the durability of any move. Traders should watch for official confirmation or denial from Washington or Pyongyang, and any follow-up from Seoul's foreign ministry on whether a meeting is in discussion.

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