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Business & Market Discussions / View from Australia

2019-12-13

Business & Market Discussions / View from Australia

2019-12-13
 UK Prime Minister Boris Johnson’s Conservative Party looks set to win a clear majority in the UK election. An exit poll from the BBC predicts an 86 seat Tory majority in Parliament.

US stocks have hit a record high after Donald Trump said a big US-China trade deal was very close and media reports said a phase 1 trade deal with China has been agreed in principal.

The European Central Bank has left interest rates on hold at record lows. In her first press conference since taking over as President, Christine Lagarde said monetary policy will remain highly accommodative for a prolonged period, due to the subdued inflation outlook.

The Beijing central government is planning to develop Macau as a financial centre in case the situation in Hong Kong worsens, according to Reuters.

On today’s Money Talk we’re joined by Francis Lun of GEO Securities and Mark To at the Wing Fung Financial Group. With our regular view from Australia is Toby Lawson from Societe Generale.

Money Talk

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 moneytalk@rthk.hk, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkRadio3") .
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