That is one thing you might want to know. The other thing i was talking about, and this concerns hong kong, have a look at the hong kong dollar. It does seem that is a big spike up. Dont forget, two things. It is a pet fed currency. We export Monetary Policy from the fed. From them Hong Kong Monetary lookrity earlier, when you at these rate differentials, expect this to start moving towards the weaker part of the trading range. If i take this back to 2004, you will know what i am talking about. Unless the fed continues to normalize, expect the slide to move closer to 785. Into how all of the Central Bank Action we have seen, i am joined out of gapore by mike cudmore mark cudmore. So far, a fairly eventful day, given the fact that we were expecting the fed to do it anyway. What stood out to you . Dovish fed,e seen a a dovish reaction. Some people in the market were betting that with so little priced, it is expectation that there will be a rate hike yesterday, three hikes for the seemed
To hold talks wit the main parties in Northern Ireland at downing street. Now on bbc news all the latest Business News live from singapore. She has done it us Interest Rates rise to their highest levels since the 2008 financial crisis but now what . Overall we continue to expect that the economy will expand at a moderate pace over the next few yea rs. Moderate pace over the next few years. And it is crunch time in the bidding warfor years. And it is crunch time in the bidding war for toshibas chip years. And it is crunch time in the bidding warfor toshibas chip unit but wary as japan, which has traditionally stood behind its troubled companies . Hello, welcome to Asia Business report. Despite lacklustre growth the American Central Bank has taken steps to cool the Worlds Largest economy, forging ahead with the second Interest Rate rise this year, signalling another is on the cards in 2017. The fed reserve, led by the chair, janet yellen, had plans to shrink the Bond Holdings and massive
The fed raises Interest Rates and says it will start unwinding its 4. 5 trillion stimulus programme. But is the us economy really Out Of The Woods . Plus roam if you want to. The eu scraps extra mobile charges for travellers from today after a decade long battle. But will users end up footing the bill anyway . Welcome to World Business report. Im sally bundock. Also coming up the end of an era forjapan inc. Toshibas set to sell off its Chip Division as it battles for survival. We start in the us where the central bank, the Federal Reserve, has raised the cost of borrowing, as was widely expected. Its the second increase in three months, and comes despite some fairly mixed data on the health of the us economy. Lets show you the details. The fed has raised its main Interest Rate by 0. 25 . That takes its target range to between 1 1. 25 the highest it has been since before the 2008 financial crisis. And its set to go higher the fed is forecasting one more increase this year. It also annou
Seeing me hello, you heard ben but you are security at your fingertips well meet the man who says the key to Online Safety could be in your own hands. And as digital video sales could overtake dvd and blu ray this year. We want to know, do you still buy your movies on disc . Just use bbcbizlive. Sally hodkin the limelight, i dont know welcome to the programme. Its less than a week since the uk woke up to an Election Result that plunged it into even deeper political and economic uncertainty. Prime minister theresa may still hasnt finalised an agreement with the Northern Irish Democratic Unionist Party which would allow her to govern with a narrow majority. But away from those talks, the pressure is mounting on the government to lay out a strategy for brexit negotiations. Tonight the chancellor, orfinance minister, philip hammond, could give us some idea of what is planned. Hes expected to say that 61bn of funds from the European Unions Investment Bank will not be put at risk. It current
Start of friday. And we will look ahead to wall street as well. The british Prime Minister offers to ensure the post Brexit Rights of Three Million eu citizens living in the uk. Later well have a wrap up of this weeks big economic stories with our correspondent andrew walker. Research in the Daily Telegraph has found well qualified people who voluntarily talked about Theirflaws Injob interviews were more likely to win the role. Today we want to know, what are your weaknesses . Being Gay Perfectionist is not allowed get in touch just use the hashtag bbcbizlive. Being a perfectionist. Always horrible when that question comes up. We will share hours with you later. Hello and welcome to Business Live. We start with the price of oil, because once again despite the best efforts of the Oil Producing nations to prop it up, it is on the slide. Lets show you whats been happening. This week the talks all been about this guy hes back. Traders refer to a bear market when the price of an asset falls