North, South Korea leaders meeting underway - Reuters

Joshua Gibson FXStreet

As reported by Reuters, the leaders of the two Koreas are meeting today, a pivotal moment in Korea's modern history.

Key quotes

"South Korea’s Moon Jae-in will greet North Korean leader Kim Jong Un at the military demarcation line at 9:30 a.m. (0030 GMT), making Kim the first North Korean leader to set foot in the South since the 1950-53 Korean War."

"The two are expected to talk denuclearization and exchanges between the Koreas."

"First inter-Korean summit in more than a decade."

"North Korea’s official KCNA news agency said Kim had left Pyongyang for the “historical” summit in which he would “open-heartedly discuss with Moon Jae-in all the issues arising in improving inter-Korean relations and achieving peace, prosperity and reunification of the Korean peninsula.”"

"Scepticism has been rampant about whether Kim is ready to abandon the hard-earned nuclear arsenal his country has defended."

"The two neighbors expect to release a joint statement late on Friday."

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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