Skip to content
Subscriber Only

Global Markets Waking Up to Consequences of Hong Kong Protests

  • Treasuries rally while yen snaps five days of losses
  • Impact of protests has been confined to local stocks so far
Bloomberg business news
This Is an Opportunity for a New Direction for Hong Kong, Says Green Common’s CEO

For traders in some of the world’s biggest and most liquid markets, the pro-democracy protests in Hong Kong just took on a new significance.

Treasuries rallied and the yen strengthened on haven demand after China threatened unspecified “strong countermeasures” if the U.S. Congress enacts legislation supporting protesters in the Chinese territory.