Money Talk

Money Talk

Type:AudioLanguage:EnglishCategories:NewsStatus:On going Description: 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 moneytalk@rthk.hk, text us on 63 93 59 25, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkR3") .

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Market discussion / View from Australia 00:29:00 2017-04-28

The U.S. Commerce Department releases its first estimate of first quarter GDP later today. However, the Atlanta Fed is predicting the American economy has stalled. The bank’s final GDPNow reading has been revised down to an annualised pace of just 0.2% in the first 3 months of the year. 2 central banks have met in the past 24 hours. The European Central Bank left monetary policy unchanged. ECB President Mario Draghi said Eurozone economic recovery is becoming “increasingly solid” but inflationary pressures “remain subdued." The Bank of Japan also left monetary policy on hold but upgraded its growth outlook for 2017 from 1.5% to 1.6%. BOJ governor Haruhiko Kuroda said the central bank would not meet its inflation target in 2017. Joining today's Money Talk are Francis Lun of GEO Securities and Hao Hong from BOCOM International. Toby Lawson, CEO of Societe General Securities Australia provides his regular weekly update from Sydney. (8am-8.30am, email to moneytalk@rthk.hk, text to 63 93 59 25 )