ForexLive Asia-Pacific FX news wrap: Hong Kong shares rise

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ForexLive Asia-Pacific FX news wrap: Hong Kong shares rise

<ul><li><a href="https://www.forexlive.com/centralbank/deputy-governor-of-the-bank-of-canada-sharon-kozicki-is-speaking-thursday-8-december-20221208/" target="_blank">Deputy Governor of the Bank of Canada Sharon Kozicki is speaking Thursday 8 December</a></li><li><a href="https://www.forexlive.com/news/more-on-musk-may-get-a-margin-loan-backed-by-tesla-tsla-stock-for-twitter-debt-cover-20221208/" target="_blank">More on - Musk may get a margin loan backed by Tesla (TSLA) stock for Twitter debt cover</a></li><li><a href="https://www.forexlive.com/news/china-will-hold-a-news-conference-on-covid-prevention-and-control-at-0700-gmt-20221208/" target="_blank">China will hold a news conference on COVID prevention and control at 0700 GMT</a></li><li><a href="https://www.forexlive.com/news/heads-up-for-us-president-biden-speaking-on-the-economy-on-thursday-8-december-2022-20221208/" target="_blank">Heads up for US President Biden speaking on the economy on Thursday, 8 December 2022</a></li><li><a href="https://www.forexlive.com/news/reports-that-china-is-requesting-insurers-purchase-bonds-from-banks-20221208/" target="_blank">Reports that China is requesting insurers purchase bonds from banks</a></li><li><a href="https://www.forexlive.com/news/scoita-targets-eurusd-higher-support-resistance-levels-20221208/" target="_blank">Scoita targets EUR/USD higher - support, resistance levels</a></li><li><a href="https://www.forexlive.com/Cryptocurrency/house-fin-services-committee-chair-waters-denied-report-she-doesnt-plan-to-subpoena-sbf-20221208/" target="_blank">House Fin Services Committee Chair Waters denied report she doesn't plan to subpoena SBF</a></li><li><a href="https://www.forexlive.com/news/usd-is-a-little-higher-in-asia-morning-trade-sentiment-is-soft-20221208/" target="_blank">USD is a little higher in Asia morning trade - sentiment is soft</a></li><li><a href="https://www.forexlive.com/centralbank/fed-whisperer-timiraos-on-lower-us-inflation-ahead-20221208/" target="_blank">Fed whisperer Timiraos on lower US inflation ahead</a></li><li><a href="https://www.forexlive.com/centralbank/pboc-sets-usd-cny-reference-rate-for-today-at-69606-vs-estimate-at-69603-20221208/" target="_blank">PBOC sets USD/ CNY reference rate for today at 6.9606 (vs. estimate at 6.9603)</a></li><li><a href="https://www.forexlive.com/Cryptocurrency/federal-prosecutors-are-investigating-ftxs-sam-bankman-fried-re-manipulating-2-cryptos-20221208/" target="_blank">Federal prosecutors are investigating FTX's Sam Bankman-Fried re manipulating 2 cryptos</a></li></ul><ul><li><a href="https://www.forexlive.com/centralbank/rba-publishes-two-crypto-related-articles-in-its-regular-bulletin-20221208/" target="_blank">RBA publishes two crypto related articles in its regular Bulletin</a></li><li><a href="https://www.forexlive.com/news/australian-october-exports-and-imports-both-fell-trade-surplus-higher-than-expected-20221208/" target="_blank">Australian October exports and imports both fell, trade surplus higher than expected</a></li><li><a href="https://www.forexlive.com/news/dutch-officials-are-planning-new-controls-on-exports-of-chipmaking-equipment-to-china-20221208/" target="_blank">Dutch officials are planning new controls on exports of chipmaking equipment to China</a></li><li><a href="https://www.forexlive.com/news/japan-final-q3-gdp-08-qq-annualized-q2-was-09-20221207/" target="_blank">Japan final Q3 GDP -0.8% q/q annualized (Q2 was +0.9%)</a></li><li><a href="https://www.forexlive.com/centralbank/icymi-bank-of-canada-opts-for-a-dovish-50bp-hike-20221207/" target="_blank">ICYMI: "Bank of Canada opts for a 'dovish' 50bp hike"</a></li><li><a href="https://www.forexlive.com/news/over-80-of-japanese-firms-want-a-stronger-yen-20221207/" target="_blank">Over 80% of Japanese firms want a stronger yen</a></li><li><a href="https://www.forexlive.com/Cryptocurrency/canadas-biggest-pension-plan-cppi-ends-crypto-investment-20221207/" target="_blank">Canada's biggest pension plan, CPPI, ends crypto investment</a></li><li><a href="https://www.forexlive.com/centralbank/australia-data-shows-broad-based-inflation-pressures-wage-growth-ahead-of-rba-forecast-20221207/" target="_blank">Australia data shows "broad-based inflation pressures" & wage growth ahead of RBA forecast</a></li><li><a href="https://www.forexlive.com/news/forexlive-americas-fx-news-wrapthe-cad-is-the-weakest-of-the-major-despite-50-bp-boc-hike-20221207/" target="_blank">Forexlive Americas FX news wrap.The CAD is the weakest of the major despite 50 BP BOC hike</a></li><li><a href="https://www.forexlive.com/centralbank/goldman-sachs-on-the-two-unique-factors-driving-nzd-out-performance-seen-higher-ahead-20221207/" target="_blank">Goldman Sachs on the two unique factors driving NZD out performance - seen higher ahead</a></li><li><a href="https://www.forexlive.com/news/huge-new-zealand-exporter-fonterra-lowered-the-top-end-of-its-forecast-farmgate-milk-price-20221207/" target="_blank">Huge New Zealand exporter Fonterra lowered the top end of its forecast farmgate milk price</a></li><li><a href="https://www.forexlive.com/news/sp-and-nasdaq-close-lower-20221207/" target="_blank">S&P and NASDAQ close lower.</a></li><li><a href="https://www.forexlive.com/news/trade-ideas-thread-thursday-8-december-2022-20221207/" target="_blank">Trade ideas thread - Thursday, 8 December 2022</a></li></ul><p class="western">
COVID
loosening news from both mainland China and Hong Kong continued
today. There'll be more to come at 3pm Beijing time (0700 GMT) with
a news conference on COVID prevention and control. From Hong Kong
today:</p><ul><li>is
expected to decrease isolation period for COVID patients to 5 days
(from 7)</li><li>is
considering dropping its outdoor mask rule</li></ul><p class="western">USD/JPY
was a mover again during the session. Firmer US yields helped it back
to 173.00 and (very) briefly above.
</p><p class="western">USD/CAD
continued its post-Bank of Canada rate hike move a little further
higher. Take note that Deputy Governor of the Bank of Canada Sharon
Kozicki is speaking later on Thursday (1745 GMT).
</p><p class="western">Elsewhere
there is not a lot of net movement to report. There have been some
minor swings only.
</p><p class="western">US
President Biden will speak on Thursday, on 'building a stronger
economy' at 1910 GMT.</p>

                This article was written by Eamonn Sheridan at www.forexlive.com.

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