China’s move in Hong Kong is going to be very bad for the Chinese economy, White House Council of Economic Advisers Chairman Kevin Hassett said on Friday. Overnight, China’s ruling Communist Party proposed a controversial national security law for Hong Kong that is seen as Beijing looking to strengthen its hold over the region. Commenting on the economic outlook, Hassett said he expects the economic growth in the third quarter to be the highest in the US history. Market reaction These comments had little to no impact on market sentiment. As of writing, Wall Street’s three main indexes were down between 0.35% and 0.68%. 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 Gold prices pick up on risk aversion to approach long-term highs at $1,765 FX Street 3 years China's move in Hong Kong is going to be very bad for the Chinese economy, White House Council of Economic Advisers Chairman Kevin Hassett said on Friday. Overnight, China’s ruling Communist Party proposed a controversial national security law for Hong Kong that is seen as Beijing looking to strengthen its hold over the region. Commenting on the economic outlook, Hassett said he expects the economic growth in the third quarter to be the highest in the US history. Market reaction These comments had little to no impact on market sentiment. As of writing, Wall Street's three main indexes were down between 0.35% and… 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.
