Chinese President Xi Jinping recently crossed wires and again took aim at the United States (US) trade protectionism (indirectly). His comments ignored challenges to China but highlighted global risk. Key quotes Growing protectionism is threatening international trade and investment, leading to global economic slowdown. China’s development is an opportunity for the whole world. FX implications While the US-China trade tension is already weighing on the market sentiment, comments like this could add pressure on the riskier assets and Antipodeans while favoring safe-havens like the Japanese yen (JPY), Gold and the Swiss Franc. 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 NZD/USD: RBNZ-led rally stops amid US-Sino trade pessimism, eyes on China data FX Street 3 years Chinese President Xi Jinping recently crossed wires and again took aim at the United States (US) trade protectionism (indirectly). His comments ignored challenges to China but highlighted global risk. Key quotes Growing protectionism is threatening international trade and investment, leading to global economic slowdown. China's development is an opportunity for the whole world. FX implications While the US-China trade tension is already weighing on the market sentiment, comments like this could add pressure on the riskier assets and Antipodeans while favoring safe-havens like the Japanese yen (JPY), Gold and the Swiss Franc. 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.
