Early Wednesday morning in Asia, Australia’s Depart of Foreign Affairs and Trade (DFAT)warned that their citizens living in and traveling to China may be arbitrarily detained, per Sydney Morning Herald. Key quotes The upgraded travel advice on Tuesday follows a similar warning for Hong Kong last week after Beijing implemented sweeping new national security laws designed to prevent and punish attempts to undermine the Chinese state. DFAT on Thursday told up to 100,000 Australians living in Hong Kong and those planning on traveling to the Chinese territory that new laws could be interpreted broadly. Residents have been warned by Hong Kong police that pro-independence chants, flags and as of Tuesday – blank pieces of paper raised in defiance – could be in violation of the new legislation. The former University of Melbourne legal expert is at least the fourth high-profile critic of Xi and the Chinese Communist Party to be detained since the beginning of the pandemic. FX implications The news weighs on the market’s risk-tone sentiment and trims the initial gains of S&P 500 Futures, currently around 3,136. Additionally, AUD/USD also reflects the pessimism while being under pressure around 0.6950 after snapping a six-day winning streak the previous day. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US Pres. Trump aides weigh proposals to undermine Hong Kong’s dollar peg – Bloomberg FX Street 3 years Early Wednesday morning in Asia, Australia’s Depart of Foreign Affairs and Trade (DFAT)warned that their citizens living in and traveling to China may be arbitrarily detained, per Sydney Morning Herald. Key quotes The upgraded travel advice on Tuesday follows a similar warning for Hong Kong last week after Beijing implemented sweeping new national security laws designed to prevent and punish attempts to undermine the Chinese state. DFAT on Thursday told up to 100,000 Australians living in Hong Kong and those planning on traveling to the Chinese territory that new laws could be interpreted broadly. Residents have been warned by Hong Kong police… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
