RBA Minutes On Tap For Tuesday

RTTNews | hace 710
Stocktwits
RBA Minutes On Tap For Tuesday

(RTTNews) - The Reserve Bank of Australia will on Tuesday release the minutes from its Nov. 7 monetary policy meeting, highlighting a light day for Asia-Pacific economic activity.

At the meeting, the RBA raised its benchmark rate by 25 basis points to 4.35 percent. The bank also increased the interest rate paid on Exchange Settlement balances by 25 basis points to 4.25 percent. The bank had held interest rates steady since June following an increase of 4 percentage points since May last year.

New Zealand will provide October results for imports, exports and trade balance. In September, imports were worth NZ$7.20 billion and exports were at NZ$4.87 billion for a trade deficit of NZ$2.329 billion.

Hong Kong will see October data for consumer prices; in September, overall inflation was up 0.4 percent on month and 2.0 percent on year.

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ADVERTENCIA DE ALTO RIESGO: El comercio de divisas implica un alto nivel de riesgo que puede no ser adecuado para todos los inversores. El efecto de apalancamiento crea un riesgo adicional y una exposición a las pérdidas. Antes de decidirse a operar con divisas, considere cuidadosamente sus objetivos de inversión, su nivel de experiencia y su tolerancia al riesgo. Podría perder una parte o la totalidad de su inversión inicial. No invierta dinero que no puede permitirse perder. Infórmese sobre los riesgos asociados al trading de divisas y pida consejo a un asesor financiero o fiscal independiente si tiene alguna duda. Todos los datos y la información se proporcionan "tal cual" con fines informativos únicamente y no están destinados a fines comerciales o de recomendación. Los resultados pasados no son indicativos de los resultados futuros.