Summary: Asia stocks; dollar declining; unstable yen (TheEdge)


The Edge: It stated there that the moment Trump started to sanction the Chinese officials, potentially signalling another Sino-American relation, dollars started to decline. Yen on the other hand is unstable. The Treasury Department are imposing control on transactions and freezing the assets of Chinese officials that would cause limitation towards the freedom of the Hong Kong citizens. Economy in the US is growing as the lockdown restricted is lifted and investors are debating whether to invest in the US or China. Crude oil had recovered over $34 a barrel and gold remain steady.

- TheEdge, 27 May 2020

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