China's Xi: We firmly oppose Taiwan independence and interference of external forces

Eren Sengezer FXStreet

Chinese President Xi Jinping told US President Joe Biden on Thursday that they firmly oppose Taiwan's independence and the interference of external forces, Chinese state media reported.

"Those who play with fire will only get burnt," Xi told his American counterpart during the phone call, as per Reuters. "Hope the US side can see this clearly."

Market reaction

This headline doesn't seem to be having a significant impact on risk perception. As of writing, the US Dollar Index was up 0.15% on the day at 106.62 and Wall Street's main indexes were rising between 0.15% and 0.55%.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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