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HKMA: Will continue to closely monitor any possible impact of the spread of the novel coronavirus

Reuters reports the latest statement from the Hong Kong Monetary Authority (HKMA), Hong Kong's currency board and de facto central bank, with the key headlines found below.

Hong Kong’s foreign exchange and money markets have been operating smoothly.

It will continue to closely monitor market developments, including any possible impact of the spread of the novel coronavirus.

Financial markets in Hong Kong saw some volatility recently, Hong Kong dollar exchange rate and interbank interest rates have remained largely stable.

Gold Price Analysis: On its way to $1,582/83 resistance confluence

Gold prices are up 0.16% to $1,579.50 during early Thursday. The bullion recently took a U-turn from 38.2% Fibonacci retracement of its fall from Janu
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Australian housing: From a sprint to a jog – ANZ

Analysts at the Australia and New Zealand Banking Group (ANZ) are of the view that the affordability is a problem for both potential home buyers and r
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