Asia's Hawks Get Put on Alert After Indonesia's Shock Rate Hike [BNN Bloomberg (Canada)]
HSBC Holdings, plc. (HSBC)
US:NYSE Investor Relations:
hsbc.com/investor-relations
Company Research
Source: BNN Bloomberg
The currencies of Japan, South Korea, Thailand, Taiwan, Malaysia, the Philippines and India are all trading within sight of multi-year lows, raising the odds for local authorities to take firmer action to stem the slide. Won and ringgit swaps, for example, are already pricing in a less dovish stance by the two local central banks. Indonesia's unexpected monetary tightening this week demonstrates the precarious position of central banks as they grapple with the outlook of higher-for-longer US interest rates. Policymakers across Asia must choose between damping economic growth or protecting exchange rates that are in free-fall. “The surprise hike by Indonesia's central bank will certainly let other EM central bankers sit up straight,” said Frederic Neumann, chief Asia economist at HSBC Holdings Plc. “Even as inflation has normalized across much of Asia, the specter of further dollar strength is keeping central bankers in the region on the defensive.” While China has been contendi
Show less
Read more
Impact Snapshot
Event Time:
HSBC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HSBC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HSBC alerts
High impacting HSBC Holdings, plc. news events
Weekly update
A roundup of the hottest topics
HSBC
News
- TD risks an earnings hit from U.S. laundering probe, analysts say [BNN Bloomberg (Canada)]BNN Bloomberg
- 3 Foreign Bank Stocks Worth a Look in a Prospering Industry [Yahoo! Finance]Yahoo! Finance
- UPDATE 1-HSBC chair says dividend outlook strong despite economic uncertainty [Yahoo! Finance]Yahoo! Finance
- Japan's yen had a rollercoaster week. Here is what happened [CNBC]CNBC
- Rupee to rise on Asia rally heading into US jobs report [Reuters]Reuters
HSBC
Sec Filings
- 5/3/24 - Form 6-K
- 5/3/24 - Form 6-K
- 5/1/24 - Form 6-K
- HSBC's page on the SEC website