Metro Bank is the new kid on a UK retail banking scene plagued with customers fed up by lousy treatment from the largely unchallenged oligopoly of Barclays, HSBC, Lloyds Bank and Royal Bank of Scotland. We take a look into why Metro is great and the industry it operates in. Show More
David Bloom, Global Head of FX research at HSBC says that whatever way you look at it, either the Fed or Mr. Market is wrong when it comes to interest rate forecasting. “The Fed is telling us they’re going to raise interest rates like that and the market’s saying ‘no,... Show More
According to Bloomberg “The outstanding balance of margin loans on the Shanghai and Shenzhen bourses has tumbled by 60 percent to $147 billion since the June peak. Borrowed funds now account for 2.8 percent of overall market capitalization, a 10-month low and down from a record 4.5 percent earlier this... Show More
Frederic Neumann, co-head of Asian economic research at HSBC in Hong Kong says ultimately China’s stock market dive will be more consequential than the Greek Crisis. "What happens in China will turn out to be far more consequential than any sting that Greece may deliver over the coming weeks or... Show More
Gold prices rose overnight, with the yellow metal sitting at just over USD $1200oz. A dovish FOMC (who doffed their cap to the IMF) plus concerns over Greece are supporting bullion, though this could be another false start for a market thats largely traded sideways for 18 months in USD. Show More
Paul Bloxham, Chief Economist at HSBC says the AUD is still too high for the RBA’s liking and he now expects the next move downwards to US70 cents. According to Bloxham if the RBA is not able to “jaw-bone” its way to 70c by talking about how overvalued the currency... Show More
Why HSBC is not the horse you want to bet on: Saxo Bank's Peter Garnry VIDEO: HSBC has been trending downwards over the past two years with highly volatile performance, and Saxo Bank Head of Equity Strategy Peter Garnry is worried. HSBC posted results earlier this week, announcing a large... Show More
HSBC: Tech stocks have a long way to go. Technology stocks will go nuts in 2015 thanks to growth in the U.S. and the normalization of interest rates, HSBC told CNBC. Rejecting the idea of bubble in technology equities, HSBC Global Asset Management's head of absolute return, Charlie Morris, said... Show More
The world's largest sovereign wealth fund: A closer look. In a move to increase transparency and strengthen the vote execution chain, the world's largest sovereign wealth fund is planning to publish how it will vote at annual meetings from 2015. On TradingFloor.com, Alex Forrest Whiting reveals five facts about Norway's Oil... Show More
Australian property investment has seen a huge increase in recent demand from investors across the greater Asian region, in both the commercial and residential space. A survey by HSBC of greater than 7000 affluent individuals across seven Asian countries showed Australia is one of the most sought-after markets for overseas... Show More
Paul Bloxham, Chief Economist for Australia at HSBC and former RBA economist has labelled the current housing market as appreciating quickly but not in bubble territory. As a RBA economist, he helped devise the strategy to restrain housing price and credit growth a decade ago. He said prices are high,... Show More