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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
HONG KONG
- *HONG KONG LEADER CARRIE LAM SPEAKS IN BLOOMBERG TV INTERVIEW
- *LAM SAYS SHE REMAINS OPTIMISTIC ABOUT HONG KONG'S FUTURE
- *H.K.'S LAM SAYS COVID RULES HAS WEAKENED POSITION AS INTL CITY
- *LAM SAYS VERY DIFFICULT FOR H.K. TO REACH ZERO COVID CASES
- *LAM SAYS SHE DOESN'T SUPPORT HOME QUARANTINE AT THE MOMENT (bbg)
- The significant divergence in policies between US and HK combined with the geopolitical uncertainty has led to a rise in USDHKD, which has been testing the high of its range band at 7.85 in recent weeks (chart below).
- The last time the pair tested the upper band was in 2018/2019 as HK protests in addition to the Sino-US trade spat spurred capital flight and increased pressure on HKMA to maintain the ‘peg’.
Source: Bloomberg
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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