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Asian Shares Mixed In Cautious Trade

Asian Shares Mixed In Cautious Trade

Asian markets turned in a mixed performance on Tuesday as weak U.S. data rekindled growth worries and the Reserve Bank of Australia kept the door open to further tightening after unexpectedly raising its key interest rate.
RTTNews | Před 790 dny
Australian Dollar Rises On RBA's Surprise Rate Hike

Australian Dollar Rises On RBA's Surprise Rate Hike

The Australian dollar strengthened against other major currencies in the Asian session on Tuesday, after the Reserve Bank of Australia unexpectedly raised its key interest rate today saying inflation at 7 percent remains too high, and some further policy tightening may be required in future to bring the price growth rate to target.
RTTNews | Před 790 dny
European Shares Poised For Muted Open

European Shares Poised For Muted Open

European stocks are seen opening on a muted note Tuesday as weak U.S. data released overnight reinforced hopes that the Federal Reserve may skip an interest-rate hike at the end of a policy meeting next week.
RTTNews | Před 790 dny
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Australian Dollar Rises Ahead Of RBA Rate Decision

Australian Dollar Rises Ahead Of RBA Rate Decision

At 12:30 am ET in the Asian session on Tuesday, the Reserve Bank of Australia will release its June monetary policy decision. The RBA is widely expected to keep its benchmark lending rate unchanged at 3.85 percent.
RTTNews | Před 790 dny
Asian Markets Trading Mixed

Asian Markets Trading Mixed

Asian stock markets are trading mixed on Tuesday, following the broadly negative cues from global markets overnight, as traders booked some profits after the recent market rally. They are also reluctant to make significant moves as they look ahead to next week's US Federal Reserve meeting, where the Fed is widely expected to pause its recent series of interest rate hikes.
RTTNews | Před 790 dny

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