US House speaker Pelosi departs Taiwan

The plane carrying her delegation has officially departed and now is when things may potentially heat up as China will look to respond to the visit. They already announced live-fire drills and „special military operations” here but we will see if there is anything else to that. It’s hard to imagine a war starting all because of one visit, so I doubt markets will consider such a scenario too heavily – and rightfully so.

Michael Cooper

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