China says North Korea’s Kim pledged commitment to denuclearization (news: 28/03/18)

Today's press

  • BEIJING/SEOUL (Reuters) – North Korean leader Kim Jong Un pledged his commitment to denuclearization and to meet U.S. officials, China said on Wednesday after his meeting with President Xi Jinping, who promised China would uphold friendship with its isolated neighbor.

  • LONDON (Reuters) – The Bank of England said on Wednesday finance companies operating in Britain will have more time to meet a Brexit deadline, in a move aimed at avoiding a potentially disorderly shift of people and operations across the continent.

  • LONDON/DUBAI (Reuters) – OPEC and its allies look set to keep their deal on cutting oil supplies for the rest of 2018, five sources familiar with the issue said, although some producers are starting to worry that high prices may be giving too much stimulus to rival output.

  • Investing.com – Contracts to buy previously owned homes rose more than expected in February, according to data released on Wednesday by the National Association of Realtors.

  • Investing.com – The U.S. economy grew at a faster pace than initially thought in the fourth quarter, according to data released on Wednesday.

Next trading day's important events

  • 15:00 (GMT+3) DE – Harmonised Index of Consumer Prices (YoY) (Mar)
  • 15:30 (GMT+3) US – Core Personal Consumption Expenditure – Price Index (YoY) (Feb)


Forex quotes:

  • USDJPY: 106.18
  • EURUSD: 1.2357


Indices:

  • S&P 500: 2608.93
  • NASDAQ: 6949.89

Source: Alpari

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