US Pres. Trump's negotiator signals flexibility in North Korea talks – Axios

The Axios came out with a news report during early Tuesday in Asia that the US President Donald Trump’s North Korea negotiator Steve Biegun said that the Trump administration wanted a "complete freeze" of North Korea's weapons of mass destruction program while they are negotiating with the US. However, the news report also mentions that he signaled to remain more flexible with North Korea than the hardliners in the Trump administration. 

Key quotes from the US negotiator to North Korea while returning to Washington include:

  • What we are looking for is a complete freeze of WMD programs.
  • A freeze and an idea of an end state, and then within that we have a discussion of a roadmap towards North Korea giving up their nuclear weapons.

AUD/USD clings to 0.6990 ahead of Australia Building Permits, Trade Balance

Having witnessed the RBA statement-led positive momentum gaining support from the weak US Dollar (USD), the AUD/USD pair trades modestly flat around 0.6990.
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