Chinese state media recently rolled out a report confirming that senior military officials from Russia and China have agreed to strengthen military cooperation between the two countries to jointly maintain global peace and stability. The news report mentions details of China’s vice chairman of the Central Military Commission Zhang Youxia’s meeting with Russian Defence Minister Sergei Shoigu in Moscow that reached the agreement on Wednesday. FX implication Although the news could be termed as a non-event, considering the market response, this shows stronger tier between Russia and China, which in turn may exert pressure on the US and can increase safe-haven demand if the US-China issues worsen. 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 The cryptocurrency market update: Bitcoin is doing better than the majority of altcoins FX Street 4 years Chinese state media recently rolled out a report confirming that senior military officials from Russia and China have agreed to strengthen military cooperation between the two countries to jointly maintain global peace and stability. The news report mentions details of China's vice chairman of the Central Military Commission Zhang Youxia's meeting with Russian Defence Minister Sergei Shoigu in Moscow that reached the agreement on Wednesday. FX implication Although the news could be termed as a non-event, considering the market response, this shows stronger tier between Russia and China, which in turn may exert pressure on the US and can increase… 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.