Hong Kong markets are expected to rebound slightly today with bargain hunters coming in late in the trading session, says Steve Tse, research manager at Celestial Securities, speaking to CNBC's Emily Chan.
“It’s in the US's advantage to have a weaker dollar,” David Bloom from HSBC told CNBC Wednesday. “The weak dollar helps exports, reinvigorates the economy and punishes people like me who hold dollar debt,” he said, adding that it creates a “your dollar, our problem” mentality.
Japan's export data for October is “irrelevant to the prospects of a double dip in” in the country, Naomi Fink from Bank of Tokyo Mitsubishi told CNBC Wednesday. The potential double dip in Japan is “probably much more related to prospects of a double dip in the US,” she added.