Sunday, January 17, 2021

The deliberate go to to Taiwan by the US’ ambassador to the UN has been cancelled

The climb down by the US administration will ease tensions with mainland China considerably after a latest tense escalation:

The US State Division cancelled official visits abroad this week after EU leaders declined to fulfill with US Secretary of State Pompeo. The Dept. says its as a result of they’re planning the transition. 

To the extent the US escalation with China impacted AUD (China kicks Australia as a proxy for the US) the again down by the State Dept. is a constructive for AUD property. 

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