China says to sanction Boeing Defense, Lockheed Martin over Taiwan arms sale

Author: Justin Low | Category: News

China's foreign ministry with the announcement

This will only add to the softer risk mood that we're experiencing to start European morning trade, as US-China tensions continue to escalate ahead of the election.

S&P 500 futures have slipped to a session low now, down by 1.1%. Meanwhile, the dollar is gaining further alongside the yen with AUD/USD down to 0.7105.
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