Hong Kong
Markets look for yuan to reach 7.50 amid rising trade tensions
Scaling up of tariffs could weaken the renminbi further, say panellists at FX Week Asia conference
No noticeable fund outflows amid protests – HKMA
Exchange Fund sufficient to back currency in case of capital outflows, central bank says
Asia awaits term SOFR solution for local benchmarks
Singapore, Thailand and the Philippines look at ways to replace Libor in benchmark calculations
Chen joins State Street Hong Kong in EM FX trading
Previously at Cathay United Bank, he joined last month
PBoC to issue central bank bills to support yuan
Move could reduce liquidity of offshore yuan and deter “hot money” flows, analysts say
Nayyar trades Deutsche for Segantii Capital
Varun Nayyar will trade rates, FX and short-term interest rates for Hong Kong-based firm
Gary Leung joins State Street Bank in FX trading
Leung moves from the Bank of China
Hibor may drop, but rates volatility will stay
Open interest of Hibor futures on HKEX on rise as market reacts to HKD rates’ higher volatility
HKMA, PBoC extend CNY access to HK Stock Connect investors
Settling in onshore yuan gives northbound investors access to larger pool of renminbi; liquidity higher and exchange rates less volatile
Solomon moves to MUFG in FX trading
Former Credit Agricole foreign exchange trader joined last month
Liu rejoins State Street as e-FX quant trader
Former Bank of America and Morgan Stanley trader took up Hong Kong-based role earlier this month
Wallis promoted at Morgan Stanley, Hong Kong
New role follows 10 years in prime brokerage sales at the bank
Tsim joins Crédit Agricole in Hong Kong
Jim Tsim was previously an EMFX trader at State Street
US-China trade war: market complacent in underpricing ‘no deal’
Options or swaps said to still be cheap to hedge if tensions persist
Singapore’s edge in race between Asia’s FX hubs
Singapore is beating Tokyo and Hong Kong in volumes, changing the FX trading landscape in Asia. What is it doing to make sure it's No. 1?
Hong Kong moves carefully on swaps trading reform
Regulator SFC fears disruption to Hong Kong's position if it forces trades on venue, Isda AGM hears
Why Fed’s rate pause won’t drag on USD/HKD carry trades – analysts
Factors suggest gap in US/Hong Kong dollar borrowing costs will not narrow any time soon
HKMA interventions may help open new USD/HKD carry trades
Repeated defences of peg should keep HK dollar weak; it could be used to buy assets in currencies other than US dollar
PBoC issues 20 billion yuan of central bank bills in Hong Kong
Bills could be used to manage offshore yuan liquidity and stabilise exchange rates
Traiana offers USD/CNH and USD/HKD clearing via HKEX’s OTC Clear
The deliverable contracts are forwarded to the Hong Kong Exchange via Traiana’s clearing hub CCP Connect
Timmons set for UK return
Laurence Timmons is due to finish his two-year secondment to Asia and head back to London
Refinitiv expands data delivery with Amazon cloud
The service is improving access to real-time financial data globally
Fischer to head BNPP’s global markets for Asia-Pacific
Fischer had been the head of global markets for Europe, Middle East and Africa since 2015
Renminbi payments hold steady in June – Swift
China’s currency keeps its fifth most-used currency spot for global payments, according to Swift