While addressing a regular press conference on Wednesday, Japanese Chief Cabinet Secretary Yoshihide Suga said his government is strongly concerned about the situation in Hong Kong. China’s new national security laws for Hong Kong has drawn a lot of condemnations globally, with the US threatening sanctions against the Chinese officials, in lieu of Beijing’s forceful measures. China’s Foreign Ministry said earlier today, they will take necessary countermeasures to foreign interference. Meanwhile, Hong Kong’s riot police fired pepper pellets on protesters in the main business district. Market implications The market mood remains lifted on hopes for a post-COVID-19 EU recovery plan, propelling the European shares higher alongside the US equity futures. USD/JPY jumps back on the bids and trades at daily highs near 107.70. AUD/USD, however, struggles to pull off the bounce above 0.6650 amid escalating US-China tensions. 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 EU Commission to mobilize EUR750 billion for the coronavirus recovery fund – DPA FX Street 3 years While addressing a regular press conference on Wednesday, Japanese Chief Cabinet Secretary Yoshihide Suga said his government is strongly concerned about the situation in Hong Kong. China’s new national security laws for Hong Kong has drawn a lot of condemnations globally, with the US threatening sanctions against the Chinese officials, in lieu of Beijing’s forceful measures. China’s Foreign Ministry said earlier today, they will take necessary countermeasures to foreign interference. Meanwhile, Hong Kong’s riot police fired pepper pellets on protesters in the main business district. Market implications The market mood remains lifted on hopes for a post-COVID-19 EU recovery… 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.