Mexico's Zapatista indigenous rebel group announced that it is extending its control over so-called "autonomous" zones to 11 more areas in the southern state of Chiapas.
The sell-off with a very large intensity (sell-off) was engulfing the US stock market aka Wall Street in trading on Wednesday (08/14/2019). This sell-off was cause by movement in US bond market.
The fall in oil prices occurred because the market worried about economic recession and an increase in crude oil inventories in the United States (US). In addition, deteriorating Chinese economic data has made markets worry again about slowing oil demand.
President Donald Trump suggested Wednesday that trade talks with China can wait until tensions in Hong Kong have eased, tweeting: "Of course China wants to make a deal. Let them work humanely with Hong Kong first!"
The issue of currency war, aka currency war, began to be discussed a lot since last week. The reason is weakening of Chinese Yuan exchange rate. The weakness is deep enough, so there is a suspicion that this currency is deliberately weakened.
US Customs and Border Protection released an announcement on Monday that the government has ended visa-free entry rights to the United States for foreign citizens who have visited North Korea.
President of United States (US), Donald Trump speech who accused Beijing as a currency manipulator apparently didn’t only mark the tension of a trade war that is heating up between the two world's largest economies. This also caused the fall of Chinese yuan exchange rate in foreign markets to as low as 7,126 per US dollar. Surprisingly, this weakening became the lowest in the last decade in trading on Tuesday (6/8) morning.
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