“Based on what I know, if the US further blocks key technology supply to Huawei, China will activate the “unreliable entity list”,” Hu Xijin, editor-in-chief of the Global Times, tweeted out on Friday. Xijin further explained that China could restrict or investigate US companies such as Qualcomm, Cisco and Apple and suspend the purchase of Boeing airplanes. Earlier in the day, the US Commerce Department in a statement announced that they have decided to bar Huawei from acquiring semiconductors and chipsets made using US software and technology. Market reaction These comments seem to be weighing on the market sentiment. As of writing, the S&P 500 futures were down 0.7% on the 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 USD/JPY: Neutral-to-bearish in the short-term FX Street 2 years "Based on what I know, if the US further blocks key technology supply to Huawei, China will activate the "unreliable entity list"," Hu Xijin, editor-in-chief of the Global Times, tweeted out on Friday. Xijin further explained that China could restrict or investigate US companies such as Qualcomm, Cisco and Apple and suspend the purchase of Boeing airplanes. Earlier in the day, the US Commerce Department in a statement announced that they have decided to bar Huawei from acquiring semiconductors and chipsets made using US software and technology. Market reaction These comments seem to be weighing on the market sentiment. As of writing, the S&P 500… 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.
