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RBA Minutes On Tap For Tuesday
(RTTNews) - The Reserve Bank of Australia will on Tuesday release the minutes from its monetary policy meeting on August 2, setting the pace for a light day in Asia-Pacific economic activity.
At the meeting, the central bank decided to lift the cash rate target by 50 basis points to 1.85 percent, the highest level since April 2016. The bank has raised the benchmark rate by a cumulative 175 basis points over the last four consecutive meetings. The bank also increased the interest rate on Exchange Settlement balances by 50 basis points to 1.75 percent.
Japan will see June results for its tertiary industry index; in May, the index rose 0.8 percent on month.
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Singapore Stock Market May Extend Wednesday's Gains
The Singapore stock market bounced higher again on Wednesday, one day after snapping the five-day winning streak in which it had climbed almost 70 points or 1.6 percent. The Straits Times Index now sits just above the 4,245-point plateau and it may pick up steam on Thursday.
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37分钟前
Malaysia Bourse May Add To Its Winnings On Thursday
The Malaysia stock market rebounded on Wednesday, one day after ending the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,585-point plateau and it's expected to open in the green again on Thursday.
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1小时7分钟前
Higher Open Called For Japan Stock Market
The Japan stock market bounced higher again on Wednesday, one session after ending the two-day winning streak in which it had advanced almost 200 points or 0.5 percent. The Nikkei 225 now rests just above the 42,520-point plateau and it's expected to open to the upside again on Thursday.
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1小时22分钟前
KOSPI May Reclaim 3,200-Point Level
The South Korea stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had improved almost 80 points or 2.6 percent. The KOSPI now sits just shy of the 3,190-point plateau and it may tick higher again on Thursday.
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1小时37分钟前
Korea Interest Rate Decision Due On Thursday
The Bank of Korea will wrap up its monetary policy meeting this morning and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate unchanged at 2.50 percent.
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2小时37分钟前
Swiss Franc Advances Against Majors
The Swiss franc climbed against its major counterparts in the New York session on Wednesday.
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4小时5分钟前
European Stocks Close On Mixed Note
European stocks turned in a mixed performance on Wednesday as investors largely stayed cautious, looking ahead to chipmaker Nvidia's quarterly earnings announcement, and continuing to assess the political situation in France.
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7小时42分钟前
Euro Falls Amid Political Uncertainty
The euro weakened against other major currencies in the European session on Wednesday, as trader's concern about the collapse of France's government.
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11小时58分钟前
