Peter Lewis: A fast moving and topical business and finance show.
A fast moving and topical business and finance show bringing you breaking business and economic news and financial market updates. Presented by former CEO and investment bank global trading head Peter Lewis, with over 30 years' industry experience. Join Peter and his expert guests for analysis and discussion on the day's top business stories live from 8 a.m. to 8.30 a.m. every weekday morning on RTHK Radio 3. We have a podcast to download after the show and you can also listen through the RTHK Radio 3 website live or later in the day. We welcome your questions, comments and feedback to read out in the show. You can email us at email@example.com, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkR3") .
Andrew Work continues to sit in for Peter Lewis on Money Talk. This morning he's joined by our regular Wednesday guest, Stewart Aldcroft, of CitiTrust; Patrick Bennett of Canadian Imperial Bank of Commerce; and Barry Wood, RTHK's international economics correspondent in Washington DC. (8am-8.30am, email to firstname.lastname@example.org)
18/10/2017 - 8:08 Business and Market Discussion
Stewart Aldcroft, chairman and managing director of CitiTrust, says before the end of 2017 investors can expect to see China further opening up its capital account to the world, and Hong Kong will benefit from it through the bond and stock connect schemes.
Patrick Bennett, foreign exchange strategist at Canadian Imperial Bank of Commerce, says the Dollar would be under pressure if Donald Trump continues to oppose free trade agreements and instead opts for protectionist policies.
Barry Wood, RTHK’s International Economics Correspondent in Washington DC, says President Trump’s trade policies have been made less strident by the influence of the business community, which is more in favour of the North American Free Trade Agreement than the Trans-Pacific Partnership treaty.
Money Talk:The head of the HKMA Norman Chan said that there could be 8 to 9 more interest rate rises from now to 2019. The HKMA raised its base rate for the second time in 3 months to 1.25% in response to the Fed move. More surprisingly, the People’s Bank of China has also raised short-term interbank rates, to protect against a pick-up in capital outflows. In the markets, relief over the Fed decision and the result of the Dutch elections has sent the euro, gold and emerging market stocks all higher. Joining today’s Money Talk are Francis Lun, CEO of GEO Securities and Dickie Wong, director of research at Kingston Securities. We also get a view from Australia with Toby Lawson of CEO of Societe Generale Securities Australia. (8am-8.30am, email to email@example.com, text to 63 93 59 25, )
17/03/2017 - 08:08 Market discussion
Francis Lun, CEO of GEO Securities says Hong Kong Monetary Authority head Norman Chan's prediction of 8 or 9 more interest rate rises between now and 2019 may be because he wants to scare the market and cool down the property market. Dickie Wong, executive director of research at Kingston Securities says there is still room for money to be pulled out of the bond market and he is very bullish on the local stock market.
17/03/2017 - 08:22 View from Australia