China’s ForeignMin: Will sanction US firms involved in Taiwan arms sales

Dhwani Mehta FXStreet

Reuters reports latest comments from the Chinese Foreign Ministry, as it reiterates that it will sanction US firms involved in Taiwan arms sales.

The Ministry called on the US to "immediately cancel" the proposed sale last Wednesday.

The above headlines hold little relevance, as the higher-yielding Aussie continues to probe the multi-day highs of 0.7036 while S&P 500 futures extend the upside.

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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