US President Trump says he may meet with North Korean leader Kim and said it would be exciting, while he is considering firing the US ambassador to Greece

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US President Trump says he may meet with North Korean leader Kim and said it would be exciting, while he is considering firing the US ambassador to Greece

US President Trump says oil will drop when war with Iran ends very soon and stated that midterm elections will have no impact on his decisions regarding Iran

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Context

Offhand remarks of this kind from a sitting US president sit in the headline-noise category rather than the policy category; the historical pattern with US-North Korea engagement talk is that risk assets fade the comment quickly unless it is followed by scheduled working-level contact, while actual escalation, not conciliation, is what has durably moved the won, the yen and KOSPI in past episodes. The two threads in the headline behave differently and should be priced separately: Kim meeting chatter is a low-information signal with a long history of reversal, whereas personnel talk around an ambassadorial posting to Greece carries essentially no market channel beyond what it says about the administration's attention to European posts. The relevant precedent from prior rounds of US-DPRK summitry is that the sequence runs from rhetoric to backchannel confirmation to preparatory talks, and markets historically did not move until the second step. Worth watching is whether State Department or South Korean officials echo or walk back the remark, and whether any scheduling detail emerges. Absent follow-through, episodes of this kind have tended to leave no footprint in FX or rates beyond the initial headline scan.

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