Australia Rate Decision Due On Tuesday

China Cuts Loan Prime Rates For First Time In 7 Months

The People's Bank of China reduced its benchmark interest rate for the first time in seven months to stimulate consumption and support the property market amid soothing trade tensions. The central bank lowered its one-year loan prime rate by 10 basis points to 3.0 percent from 3.10 percent.

RTTNews | 1h 25min ago

Australian Dollar Falls Against Majors

The Australian dollar weakened against other major currencies in the Asian session on Tuesday.

RTTNews | 1h 52min ago

European Shares Likely To Open On Firm Note

European stocks may open on a positive note Tuesday as trade tensions continue to ease, and China's central bank cut interest rates to record lows to stimulate the world's second-largest economy challenged by weak consumer demand and a property crisis.

RTTNews | 2h 26min ago

R&M Refresher Instant Milk Tea Powder Recalled

Lakewood, Washington-based R&M Trading LLC is recalling R&M Refresher brand Instant Milk Tea powder products of various flavors as they may contain undeclared milk, a known allergen, the U.S. Food and Drug Administration said. The Instant Milk Tea products are recalled because the ingredients statement declares Whey and Caseinate in Non-Dairy Creamer ingredients, but it does not specify milk.

RTTNews | 2h 35min ago

Chinese Yuan Falls To 8-day Low Against U.S. Dollar

The Chinese yuan weakened against the U.S. dollar in the Asian session on Tuesday.

RTTNews | 3h 34min ago

Sensex, Nifty Struggle For Direction In Early Trade

Indian shares struggled for direction on Tuesday despite firm cues from global markets.

RTTNews | 3h 35min ago

Australian Market Halves Early Gains In Mid-market

The Australian stock market is halving its early gains in mid-market trading on Tuesday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,300 level, with gains in technology and financial stocks partially offset a mixed performance in mining and energy stocks.

RTTNews | 4h 21min ago

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as traders remain cautiously optimistic on the outlook for markets after the U.S.-China temporary trade truce. They now stay focused on the outcome of US trade negotiations with India and Japan. Some traders also locked in profits following the recent upside in the markets.

RTTNews | 4h 47min ago

EURUSD	1.1274	GBPUSD	1.33926	AUDUSD	0.64241
USDJPY	144.136	USDCAD	1.39347	USDCHF	0.83145

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Australia Rate Decision Due On Tuesday