Japanese Chief Cabinet Secretary Yoshihide Suga said on Thursday, Japan is watching events in Hong Kong (HK) with “great interest”, especially after the civil unrest in the city following China’s passage of the security law for HK. Japan’s close business ties with Hong Kong were based on Hong Kong’s “one country, two systems” governance, Suga noted. The tensions over the Hong Kong situation are heightening, as the law punishes crimes of secession, subversion and terrorism with life imprisonment. Meanwhile, the Australian PM Scott Morrison said earlier today that his country is prepared to ‘step up and support’ Hong Kong citizens. Separately, on the coronavirus situation in Japan, over 100 news cases are reported in the capital, Tokyo. Market reaction Despite positive Asian equities and US stock futures, markets remain cautious amid growing virus cases worldwide and ahead of the all-important US payrolls data. USD/JPY keeps its range around 107.50 following a bounce from 107.33 while AUD/USD trades flat around 0.6915 amid escalating Australia-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 GBP/USD eyes 1.2500 despite Brexit woes, US NFP in focus FX Street 3 years Japanese Chief Cabinet Secretary Yoshihide Suga said on Thursday, Japan is watching events in Hong Kong (HK) with “great interest”, especially after the civil unrest in the city following China’s passage of the security law for HK. Japan’s close business ties with Hong Kong were based on Hong Kong’s “one country, two systems” governance, Suga noted. The tensions over the Hong Kong situation are heightening, as the law punishes crimes of secession, subversion and terrorism with life imprisonment. Meanwhile, the Australian PM Scott Morrison said earlier today that his country is prepared to 'step up and support' Hong Kong citizens. Separately, on… 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.