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 firstname.lastname@example.org, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkR3") .
Donald Trump has used his inaugural address to the United Nations to demand global action against what he described as the “wicked few” nations which included North Korea, Iran and Venezuela. He said the US would have “no choice but to totally destroy North Korea” if forced to defend itself. “Rocket man is on a suicide mission for himself and his regime” President Trump said using his new nickname for North Korean leader Kim Jong Un.
Ahead of the Fed’s monetary policy decision, global stocks and US equity indices have hit new highs. In the currency markets, the Chinese yuan has dropped to 2-week lows.
On today's Money Talk we are joined by Andrew Freris of Ecognosis Advisory and Louis Kuijs from Oxford Economics. Ross Darrell Feingold, Taiwan based political analyst at DC International Advisory joins us on the phone from Taipei to analyse President Trump’s UN speech. (8am-8.30am, email to email@example.com)
21/09/2017 - Business & Market Discussion - The Fed's Decision
Enzio von Pfeil, Group Economist at Odyssey Capital says President Trump will change the composition of the Fed and wants to see less regulation, which might lead to another financial crisis.
Barry Wood, RTHK's international economics correspondent in Washington DC says the market is now on a course of steady rate increases and normalisation.
Sunil Kashyap, Head of Asia at ScotiaMocatta of Scotia Bank says the market reaction to the Fed's decision to withdraw liquidity is a sign of confidence in the US economy.