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 every weekday morning 8 to 8:30 a.m. 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 "MoneytalkRadio3") .
07/12/2022 - 8:10am Business and Market Discussion
Stewart Aldcroft, Asian Fund Management Industry Consultant, predicts that interest rates are likely to increase by at least 50 basis points next week, similar to what the federal reserve predicts.
Raymond Yeung, Greater China Chief Economist at ANZ, suggests that President Xi may likely have some agreement with Saudi Arabia for oil, ahead of the visit this week.
RTHK’s International Economics Correspondent, Barry Wood, reports that the housing markets in the US are the primary victims of high interest rates, but he is surprised the sector is still holding strong.