While exerting additional pressure on China, US President Donald Trump recently signed an executive order that bans transactions with 8 Chinese software applications including Ant group’s Alipay. The news rolled out after the New York Post conveyed disappointment of World Health Organization’s (WHO) Director-General Tedros Adhanom Ghebreyesus over China’s blocking the investigations concerning the coronavirus (COVID-19) origin. Read: WHO’s Tedros “disappointed” by Beijing’s stalling in covid investigation On the same line, Bloomberg also came out with the news suggesting the reversal of the New York Stock Exchange’s (NYSE) previous thought to not delist three Chinese companies’ shares. “The New York Stock Exchange is reconsidering its decision to halt the delisting of three major Chinese telecommunications firms after Treasury Secretary Steven Mnuchin told the Big Board he opposed its shock announcement to grant the companies a reprieve, said three people familiar with the matter,” the news said. FX implications Global markets await results from Georgia’s runoff while paying a little heed to the Sino-American story off-late. However, the news should add to the downside pressure on the risks if Republicans keep control of the US Senate. Read: Georgia Elections Preview: Markets geared for a special moment, three scenarios 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 AUD/USD eases back from 34-month highs as key risk events loom FX Street 11 months While exerting additional pressure on China, US President Donald Trump recently signed an executive order that bans transactions with 8 Chinese software applications including Ant group's Alipay. The news rolled out after the New York Post conveyed disappointment of World Health Organization’s (WHO) Director-General Tedros Adhanom Ghebreyesus over China’s blocking the investigations concerning the coronavirus (COVID-19) origin. Read: WHO’s Tedros “disappointed” by Beijing’s stalling in covid investigation On the same line, Bloomberg also came out with the news suggesting the reversal of the New York Stock Exchange’s (NYSE) previous thought to not delist three Chinese companies’ shares. “The New York Stock… Top 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.
