US President Donald Trump: “Intelligence has just reported to me that I was correct” on China
|US President Donald Trump has tweeted the following:
Intelligence has just reported to me that I was correct, and that they did NOT bring up the CoronaVirus subject matter until late into January, just prior to my banning China from the US Also, they only spoke of the Virus in a very non-threatening, or matter of fact, manner...
Market implications
Geopolitical tensions between the US and China are heating up which should b a catalyst for risk-off. More on this here:
As for what currency to trade AUD/JPY is the FX markets risk-barometer and could be offering a short opportunity as outlined in the following article:
In recent trade, the Global Times wrote a piece in response to the news: Pompeo's anti-China bluff strategy reveals all-or-nothing mentality to fool US voters – GT
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