Advertisement
RBA Minutes On Tap For Tuesday
(RTTNews) - The Reserve Bank of Australia will on Tuesday release the minutes from its July 8 monetary policy meeting, highlighting a modest day for Asia-Pacific economic activity.
At the meeting, the RBA maintained its benchmark lending rate at 3.85 percent, defying expectations for a quarter-point rate cut. The current rate was the lowest in two years. Previously, the bank had reduced the rate by 25 basis points in May and February.
New Zealand will provide June figures for imports, exports and trade balance. In May, imports were worth NA$6.44 billion and exports were at NZ$7.68 billion for a trade surplus of NZ$1.235 billion.
Malaysia will see June data for consumer prices; in May, overall inflation was up 0.1 percent on month and 1.2 percent on year.
Taiwan will release June numbers for unemployment and export orders; in May, the jobless rate was 3.34 percent and export orders jumped an annual 18.5 percent.
European Stocks Close Sharply Lower As Trump's Tariff Move Hurts Sentiment
Canadian Market Remains Firmly Down In Negative Territory On Tariff Worries
U.S. Construction Spending Unexpectedly Sees Further Downside In June
U.S. Consumer Sentiment Improves Marginally Less Than Previously Estimated In July
U.S. Manufacturing Index Unexpectedly Dips To Nine-Month Low In July
Eurozone Inflation Steady At 2% ECB Target
U.S. Job Growth Misses Estimates In July, Previous Months' Numbers Revised Sharply Lower
