BLOOMBERG Countdown January 11, 2016
Anna welcome to the program. Manus, its monday morning at 6 00. We need to talk about highball. The cost of borrowing the chinese currency in hong kong has increased the most on record overnight. Those records go back a few years or so. We are seeing the liquidity impact of the fx interventions which are said to have been conducted by the pboc last week. We are seeing the cost of money get more expensive in hong kong. Manus this is all about china, all about concerns. Have we reached a capitulation moment . Are your rates overnight for the yuan in hong kong. Trying to stop the flow of money in...
Source: archive.org
