Hong Kong cancels all flights and Chinese police assembling in Shenzhen – USD/JPY at 7-month lows

The authorities on Hong Kong have canceled all outgoing flights after protesters have swarmed the international airport. This is the latest escalation and the worst economic disruption since pro-Democracy protests have begun in the territory.

Moreover, China's Global Times reports that the economic giant's People's Armed Police have been assembling in Shenzhen – the Chinese city bordering Hong Kong in advance of apparent large scale exercises. 

The safe-haven Japanese yen has been strengthening amid the news with USD/JPY falling to a low point of 1058.23 – the lowest in seven months.