Market news
15.11.2021, 04:38

Australia better be prepared to sacrifice for Taiwan island and the US – Global Times

Editor-in-Chief Hu Xijin of Chinese highly influential media outlet, Global Times, said on Saturday, via Twitter, 'if Australian troops come to fight in the Taiwan Straits, it is unimaginable that China won't carry out a heavy attack on them and the Australian military facilities that support them.”

“So Australia (had) better be prepared to sacrifice for Taiwan island and the US,” he added.

This comes in response to the Financial Times (FT) article, citing that Australia is ready to help the US defend Taiwan from Chinese attacks.

Market reaction

AUD/USD is unperturbed by these Chinese threatening messages, keeping its range near-daily highs of 0.7346, up 0.13% on the day.

Meanwhile, the S&P 500 futures trade almost unchanged on the day. All eyes remain on the Biden-Xi virtual meeting due later this Monday.

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location