RBA Minutes On Tap For Tuesday

RTTNews | 707 days ago
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.

read more
Europe Car Sales Grow For Third Month

Europe Car Sales Grow For Third Month

Europe's new car sales increased for the third straight month in September driven by the launch of new models, the European Automobile Manufacturers' Association, or ACEA, said Tuesday. New car sales advanced 10.0 percent year-on-year in September, following a 5.3 percent rise in August. This was the third consecutive increase in car sales.
RTTNews | 22 minutes ago
European Shares Likely To Open On Tepid Note

European Shares Likely To Open On Tepid Note

European stocks are seen opening a tad lower on Tuesday as investors monitor the latest developments on U.S.-China trade front and look ahead to upcoming monetary policy announcements from several central banks, including the European Central Bank, the Federal Reserve and the Bank of Japan.
RTTNews | 42 minutes ago
Sensex, Nifty Subdued In Lackluster Trade

Sensex, Nifty Subdued In Lackluster Trade

Indian shares were subdued on Tuesday as investors locked in some profits after recent gains, driven by optimism over easing global trade tensions and expectations of corporate earnings rebound.
RTTNews | 1h 31min ago
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, reversing the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 9,050 level, with weakness across most sectors led by gold miners and technology stocks. Financial stocks are the only bright spot.
RTTNews | 2h 36min ago
Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are mixed on Tuesday, following the positive cues from Wall Street overnight, as traders remain cautious and are reluctant to take major positions ahead of the monetary policy announcements from the European Central Bank, the US Fed and the Bank of Japan this week. Optimism about a potential U.S.-China trade deal and an interest rate cut by the Fed are aiding market sentiment.
RTTNews | 3h 7min ago
Sensex, Nifty To See Muted Start

Sensex, Nifty To See Muted Start

Indian shares look set to open on a muted note Tuesday, tracking mostly weak cues from other Asian markets.
RTTNews | 3h 29min ago
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Tuesday, reversing some of the strong gains in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 50,400 level, with a mixed performance across most sectors.
RTTNews | 4h 36min ago
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, reversing to the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 9,050 level, with weakness across most sectors led by gold miners and technology stocks. Financial stocks are the only bright spot.
RTTNews | 5h 8min ago