While adding fuel to the already heated relations between the US and China, CNBC conveyed the news that the US House of Representatives got the votes for a bill to sanction Chinese officials in Xinjiang issues. Key quotes The House of Representatives on Wednesday passed legislation calling for sanctions against Chinese officials for the detention and torture of Uighur Muslims in the country’s western region of Xinjiang as tensions between the U.S. and China continue to escalate. The legislation, which passed overwhelmingly in the Senate earlier this month, will now head to President Donald Trump, who has not said whether he intends to sign it into law. China has warned that it will retaliate against any sanctions imposed and denies the allegations of abuse inside its re-education camps, which are believed to house as many as a million Uighurs, Kazakhs and members of other minority groups. Market reaction With Hong Kong offering background music to the US-China tussle, the market’s risk-tone sentiment weighs on any such news suggesting tough relations between the world’s top two economies. That said, AUD/USD pauses its recovery moves from 0.6567 while stepping back from the recent high of 0.6627 to 0.6620 amid the early Asian session on Thursday. 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 Wall Street Close: Bulls holding the reigns still and defying gravity FX Street 3 years While adding fuel to the already heated relations between the US and China, CNBC conveyed the news that the US House of Representatives got the votes for a bill to sanction Chinese officials in Xinjiang issues. Key quotes The House of Representatives on Wednesday passed legislation calling for sanctions against Chinese officials for the detention and torture of Uighur Muslims in the country’s western region of Xinjiang as tensions between the U.S. and China continue to escalate. The legislation, which passed overwhelmingly in the Senate earlier this month, will now head to President Donald Trump, who has not said whether he intends to sign… 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.
