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Investors in Asian markets cautiously await Singapore summit

Investors also awaiting central banks’ meetings this week

Investors in Asian markets cautiously await Singapore summit

Asian stocks traded cautiously early Monday, with investors showing little reaction to the weekend’s G7 meeting and hack of a South Korean cryptocurrency exchange. Following Friday’s broad regional declines, the Kospi and the Nikkei were each up around 0.3% as the yen strengthened a bit since the end of Friday’s local stock trading.

With the Trump-Kim summit Tuesday and the world’s three most-important central banks — the Fed, European Central Bank and Bank of Japan — all meeting this week, investors are liable to do much more nibbling than eating for at least the next few days.

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