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Chinese Military: Drills continue around Taiwan on Monday

The Eastern Theater Command of China’s People’s Liberation Army said on social media marketing Weibo that it’s continuing drills in the seas and skies around Taiwan on Monday.

The military has completed an unprecedented group of naval and air force drills in areas near Taiwan following US House Speaker Nancy Pelosi’s stop by at the island.

Chinas Foreign Ministry announced on Friday, we shall sanction US House of Representative Speaker Nancy Pelosi on the Taiwan visit.

Market reaction

Risk sentiment remains tepid up to now this Monday, because the S&P 500 futures trade 0.07% on your day. The AUD/USD pair is ending its recovery towards 0.6950 amid an easy US dollar retreat after Fridays solid upsurge backed by the bumper payrolls.

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