Lately, there has been a cold war between the United States and North Korea over testing nuclear weapons. However, as per the recent news, the POTUS Donald Trump has stated he would be happy as long as North Korea keeps its stand on weapons testing.

Trump is also in no haste to strike a nuclear deal with its leader, Kim Jong Un, while they hold their next summit this week.

Potential Impact: It triggers risk-on sentiment, keeping GOLD bearish and stock markets bullish.