US President Trump's administration is looking at banning Chinese investments in technologies the U.S. deems sensitive
- Treasury Department officials are working on plans to identify sensitive technology sectors (eg. semiconductor, 5G wireless)
The report was on Bloomberg overnight
- Bloomberg citing "four people with knowledge of the proposal, who spoke on the condition of anonymity"
I've posted on the equity slide in the US day and its FX implications already this morning:
- USD/JPY - early levels to watch
- Going into the Asia morning - yen gains the question again
- Good morning AUD traders - early levels information