CURRENCY MARKET WRAP
As of Fri 29th, Singapore Time zone UTC+8
U.S. Dollar Index, -0.05%, 98.26
USDJPY, -0.04%, $109.52
EURUSD, +0.11%, $1.1012
GBPUSD, -0.08%, $1.2912
USDCAD, -0.02%, $1.3281
AUDUSD, -0.14%, $0.6768
NZDUSD, -0.02%, $0.6419
U.S. markets were closed for Thanksgiving. There were no notable economic prints.
China vented on Thursday after Trump signed new human rights legislation covering the protest-wracked city of Hong Kong. It denounced the new law as illegal interference in its own affairs. On Thursday, Beijing’s main agency on trade remained quiet on the legislation even as other officials railed against it, suggesting that the government remained open to a trade deal and would let the volatile issue of Hong Kong simmer, at least for now.
The first bill authorizes the American government to impose sanctions on Chinese or Hong Kong officials responsible for human rights abuses there. The second bill bans the sale of American-made tear gas, rubber bullets or other crowd-control equipment to the Hong Kong authorities.
STOCK MARKET WRAP
S&P500, – Closed –
Nasdaq, – Closed –
Nikkei Futures, +0.02%, 23,477.5
U.S. markets were closed for Thanksgiving.