Bloomberg reports, citing a statement by the Chinese foreign ministry
here
Yeah, I’m not sure ‚unspecified countermeasures‘ is what is going to be the straw that breaks the camel’s back. Carry on as you will.

EUR/USD moves to a session high of 1.1874
Dollar weakness is partially the story here but the euro is keeping up with gains seen in commodity currencies so far on the session, amid the more upbeat tone in US futures with S&P 500 futures up ~0.9% and Nasdaq futures up ~1.3%.

The full text of the latest ECB monetary policy statement – 10 September 2020
At today’s meeting the Governing Council of the ECB took the following monetary policy decisions:

All eyes on Lagarde now
The statement earlier offered nothing new for market participants to chew, with all the attention now turning towards ECB president Lagarde’s press conference instead.

Forex news from the European trading session – 10 September 2020
Headlines:
Markets:
– CHF leads, AUD lags on the day
– European equities slightly lower; E-minis down 0.5%

ECB announces their latest monetary policy decision – 10 September 2020
Pretty much a non-event with the statement language pretty much a mirror of that in July. The euro is rightfully little changed on the announcement as all eyes turn towards Lagarde’s press conference later at 1230 GMT for more clues on the central bank’s latest

That is the key question for the market today after the bounce yesterday
Nasdaq and S&P 500 futures are down by ~0.5% now ahead of North American trading.

Comments by UK prime minister, Boris Johnson, in parliament
– A border down the Irish Sea would hurt UK interests
The pound is dribbling lower as traders are digesting the headlines, with cable now down to a session low of 1.2900. I would argue that the EU response is very much the key factor now, as the

The first of the EU responses is coming in
– Still expects Brexit withdrawal agreement to be fully respected
– Best course of action is to call as quickly as possible an extraordinary meeting to get the reassurances needed following UK legislation
For some background, Šefčovič is the European Commission vice president of interinstitutional relations and foresight. I

European Commission president, Ursula von der Leyen, tweets her response
Very concerned about announcements from the British government on its intentions to breach the Withdrawal Agreement. This would break international law and undermines trust. Pacta sunt servanda = the foundation of prosperous future relations.