US Pres.Trump: New China Virus Cases up (because of massive testing), deaths are down, “low and steady”

Early Monday morning in Asia, US President Donald Trump attacks fake media and Democratic policymakers in an attempt to promote himself for November month Presidential election.

Key tweets

FX implications

Even if the news portrayed a little market reaction, mainly due to the generally inactive market hours during the early Asian session, S&P 500 Futures print over 0.50% gains to 3,132 as we write. It should also be noted that markets are waiting for President Trump’s sign of executive orders to sanction Chinese diplomats involved in passing the Hong Kong security law.