SINGAPORE (June 11): Singapore is playing host to a historic meeting between North Korea’s current leader, Kim Jong-un, and US President Donald Trump. The meeting has been on, and off, and on again. And, while widely covered, much of the news surrounding the event has been on logistics and the intricacies of diplomatic protocol.

Such a meeting — between the leader of the free world and the supreme leader of the nuclear-armed hermit kingdom — is undoubtedly momentous. But what will the impact be on markets? What does it mean for the broader economy?

“Look at the calibre of the two men in charge across the table from each other. If markets thought the fate of the world was down to those two arrivistes, we’d be in a crash right now!” says Olivier d’Assier, head of applied research for Asia-Pacific at Axioma, a provider of business risk management and portfolio analytics services.

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