Hong Kong to ban all travellers from Britain – SCMP

Hong Kong has announced on Monday that it will be banning all travellers from Britain as it puts the country back on the 'extremely high-risk' list, SCMP News reported, as per Reuters.

According to the news outlet, the ban will take effect from Thursday, July 1.

Market reaction

This development seems to be weighing on market sentiment during the European trading hours. As of writing, the UK's FTSE 100 Index was down 0.61% on a daily basis at 7,092. Meanwhile, the GBP/USD pair is clinging to modest daily gains at 1.3915.