Hong Kong Peg Will Remain in Place, Currency Strategist Thin Says

Hong Kong Peg Will Remain in Place, Currency Strategist Thin Says

Assessment

Interactive Video

Business, Life Skills

University

Hard

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The video discusses the economic situation in Hong Kong, focusing on its technical recession and the stability of its currency peg to the US dollar. It explores the potential impact of trade issues on Asian currencies, particularly in the context of US-China relations. The discussion also covers the US Federal Reserve's current stance on interest rates, considering trade tensions and Brexit risks, and the economic growth outlook for the US.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current status of the Hong Kong dollar peg against the US dollar?

It is under severe threat.

It is expected to remain stable.

It is likely to be removed soon.

It has already been removed.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How are the issues in Hong Kong and the US-China trade negotiations related?

They are the same issue.

They are both resolved.

They are completely unrelated.

They are separate but both affect Asian currencies.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the US administration's primary focus in the trade negotiations?

Focusing on domestic issues.

Removing all tariffs immediately.

Getting a phase one deal done.

Resolving issues in Western China.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What factors have led the Federal Reserve to ease off on interest rate cuts?

Eased trade tensions and reduced Brexit risks.

A booming US economy and stable inflation.

A strong US dollar and low unemployment.

Increased trade tensions and a hard Brexit.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What might prompt the Federal Reserve to consider cutting rates again in early 2020?

A significant increase in inflation.

A re-intensification of the trade war.

A stable global economy.

A rapid economic growth.