China: Military ready to respond to all US provocation

Dhwani Mehta FXStreet

A Chinese military command spokesperson said on Wednesday, Beijing’s military is ready to respond to all provocation while referring to the US.

China’s highly influential media outlet, Global Times, added, “as the US moves to intentionally stir up trouble in the region.”

This comes after a guided-missile destroyer USS Curtis Wilbur (DDG-54) sailed “through international waters in accordance with international law.”

The destroyer makes sixth Taiwan strait transit during President Joe Biden's administration, thus far.

Market reaction

The above headlines fail to deter the risk-on mood, spurred by softer rhetoric from Fed Chair Powell.

The US dollar index is attempting a recovery towards 92.00 while the S&P 500 futures add 0.14% to 4,242, as of writing.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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