Recent reports suggest that the Trump administration has been mulling to revoke the USD-HKG peg and reduce the supply of U.S. dollar to Hong Kong after China forcefully imposed a national security law in June.
Dow, S&P 500, Nasdaq 100 are falling in the pre-market after it has become known that President Donald Trump is going to hold a news conference on China on Friday.
TSMC stock is nearly 3% down in the pre-market to trade at $50.60. The company just announced its intention to build and operate an advanced semiconductor factory in the United States.
As Iran attacked U.S. troops in Iraq, Bitcoin has added 5% to its value in the last 12-hour trading period and 15% from the beginning of the year.