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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 November 4, highlighting a light day for Asia-Pacific economic activity.
At the meeting, the RBA held its cash rate at 3.60 percent, as widely expected. The bank had reduced the rate by 25 basis points each in August, May and February. The current 3.60 percent is the lowest since March 2023 as board members observed that some inflationary pressure may remain in the economy.
Hong Kong will see October figures for unemployment; in September, the jobless rate was 3.9 percent.
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NZ Dollar Falls Amid RBNZ Rate Cut Speculation
The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday, as traders speculate that the Reserve Bank of New Zealand or RBNZ is likely to cut its interest rate at its upcoming meeting next week.
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1 ชม. 46 นาทีที่ผ่านมา
Canadian Dollar Rises Against Majors
The Canadian dollar strengthened against other major currencies in the Asian session on Wednesday.
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2 ชม. 20 นาทีที่ผ่านมา
NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday.
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2 ชม. 34 นาทีที่ผ่านมา
Australia Leading Index Signals Above-Trend Growth Momentum Next Year
Australia's leading index signaled that the growth will move at a slightly above-trend pace in early 2026, Westpac said on Wednesday. The six-month annualized growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, rose to 0.35 percent in October from 0.10 percent in September.
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2 ชม. 38 นาทีที่ผ่านมา
European Shares Seen Opening On Cautious Note
European stocks look set to open on a cautious note Wednesday, with upcoming Nvidia earnings and U.S. economic data likely to be in focus.
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2 ชม. 52 นาทีที่ผ่านมา
European Economic News Preview: UK Inflation Data Due
Consumer prices from the UK and the euro area are the top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics releases UK consumer prices for October. Economists forecast inflation to ease to 3.5 percent from 3.8 percent in September.
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3 ชม. 2 นาทีที่ผ่านมา
Indian Shares Hold Steady Before Nvidia Earnings
Indian shares were little changed on Wednesday as investors braced for earnings from Nvidia and the release of all-important delayed U.S. jobs report.
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3 ชม. 52 นาทีที่ผ่านมา
Australian Market Trims Early Slight Gains In Mid-market
The Australian stock market is trimming its early slight gains in mid-market moves in choppy trading on Wednesday, reversing some of the sharp losses in the previous session, with the benchmark S&P/ASX 200 staying well above the 8,450 level, despite the broadly negative cues from Wall Street overnight, with gains in gold miner stocks partially offset by weakness in financial stocks.
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4 ชม. 56 นาทีที่ผ่านมา
