| 10 May 2018 12:01 | Bloomberg |
The gradual tightening of policy by the U.S. Federal Reserve is starting to bite, with the Hong Kong dollar peg meaning the Chinese region imports U.S.
more| 11 Mar 2018 20:30 | South China Morning Post |
The worst that is likely to happen over the coming months in Hong Kong's foreign exchange and money markets is not a financial crisis of earth-shattering proportions, but rather a normalisation of conditions from a highly anomalous state.
more| 11 Mar 2018 19:56 | Bloomberg |
But in Hong Kong there are no interest rates to raise, and that's created problems. Hamstrung because it ceded monetary policy to the U.S.
moreWhile local money market interest rates broadly follow U.S. counterparts, they have diverged noticeably in recent months as the United States raised interest rates while Hong Kong remains awash in ample money market liquidity, thanks to inflows from ...
more| 08 Mar 2018 06:56 | Channel NewsAsia |
HONG KONG: The Hong Kong Monetary Authority said on Thursday (Mar 8) it had no immediate plans to issue bills to prop up the local currency, which hit fresh 33-year lows.
more| 19 Feb 2018 03:45 | BullionVault |
This was while the Yen was linked to gold at 12,600 per ounce, and to the Dollar at 360 per Dollar. To reduce this "inflation" to, for example, a 2% target, the Yen would have had to rise in value.
moreMany strategists say the dollar's sensitivity to domestic news currently looks weak - ING analysts called it “limited and short-lived” - as investors focus on monetary policy re-pricing opportunities elsewhere.
more| 24 May 2017 23:18 | South China Morning Post |
The Hong Kong dollar had weakened slightly by Thursday noon, after Moody's Investor Service cut the city's credit ratings, citing the impact of China's worsening debt outlook.
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