Immigration ban: Trump to announce new executive order

US President Donald Trump on Thursday, said that he will issue a new executive order to replace his controversial directive on travel ban by next week. 
 
Earlier, he had imposed a controversial travel ban against seven Muslim countries and restricted entry of Syrian refugees, which was backlashed by the US court. However, post the announcement by Donald Trump on the new executive order, the US Justice Department told a Federal Appeals Court in San Francisco that there was no reason to reconsider the case. 

Meanwhile, Trump gave no details about the replacement order. Legal experts said a new directive would have a better chance of withstanding courtroom scrutiny if it covered some non-Muslim countries and exempted non-citizen immigrants living in the US legally.
 
Nevertheless, it would be interesting to hear the new executive order and its implication, and how the global markets react to the same.