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RBA Vigilant To Upside Risks To Inflation, Minutes Show

The Reserve Bank of Australia remained vigilant to upside risks to inflation and the board affirmed that the policy would need to be sufficiently restrictive until inflation moves sustainably towards the target, the minutes of the policy board meeting held on November 4 and 5 showed Tuesday.
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Antipodean Currencies Rise As Asian Markets Trade Mostly Higher

Antipodean Currencies Rise As Asian Markets Trade Mostly Higher

Antipodean currencies such as the Australian and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday, as traders picked up some stocks at a bargain after the recent weakness in the markets amid concerns about the outlook for interest rates. Strong gains in mining and energy stocks also boosted the markets amid climbing commodity prices.
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Super Micro Stock Surges After Hiring New Auditor; Plans To Avoid Delisting

Super Micro Stock Surges After Hiring New Auditor; Plans To Avoid Delisting

Shares of Super Micro Computer Inc. surged around 40 percent in the extended trading on The Nasdaq Stock Market after the troubled server maker announced that it has hired a new auditor and filed a compliance plan with the stock exchange, with a view to avoiding its delisting. The plan was submitted to support its request for an extension of time to regain compliance with the Nasdaq...
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U.S. Dollar Falls Against Majors

U.S. Dollar Falls Against Majors

The U.S. dollar weakened against other major currencies in the Asian session on Tuesday.
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European Markets Seen Opening On A Firm Note

European Markets Seen Opening On A Firm Note

European markets are expected to open on Tuesday on a positive note even as markets focus on the health of the corporate sector and the potential monetary policy trajectory.
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Sensex, Nifty Move Higher As Stocks Rise On Bargain Hunting

Sensex, Nifty Move Higher As Stocks Rise On Bargain Hunting

Indian shares are up firmly in positive territory Tuesday morning with traders indulging in some bargain hunting at several counters following recent steep losses. Positive lead from global markets contribute to the buying interest on the Indian bourses.
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European Economic News Preview: Eurozone Inflation, Current Account Data Due

European Economic News Preview: Eurozone Inflation, Current Account Data Due

Final inflation and current account data from the euro area and the treasury select committee hearing on the monetary policy report from the UK are the top events due on Tuesday. At 2.00 am ET, foreign trade data is due from Switzerland. The trade surplus is forecast to narrow to CHF 4.25 billion in October from CHF 4.95 billion in September.
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Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, following the mixed cues from Wall Street overnight, as traders picked up some stocks at a bargain after the recent weakness in the markets amid concerns about the outlook for interest rates. Strong gains in mining and energy stocks also boosted the markets amid climbing commodity prices. Asian markets closed mixed on Monday.
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Indian Shares Seen Opening Slightly Higher

Indian Shares Seen Opening Slightly Higher

Indian shares may open higher Tuesday morning, tracking cues from Wall Street where stocks saw some upside overnight thanks to bargain hunting following the steep drop seen last week. Slightly higher Gift Nifty futures also point to a positive start for the Indian market.
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Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Tuesday, reversing the losses in the previous session, with the Nikkei 225 moving above the 38,400 level, following the mixed cues from Wall Street overnight, with gains across most sectors led by automakers, exporters and financial stocks.
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Higher Open Anticipated For Thai Stock Market

Higher Open Anticipated For Thai Stock Market

The Thai stock market on Monday ended the two-day losing streak in which it had slumped almost 10 points or 0.8 percent. The Stock Exchange of Thailand now sits just above the 1,450-point plateau and it's got a positive lead again for Tuesday's trade. The global forecast for the Asian markets is cautiously optimistic, with technology and oil stocks expected to lead the way higher. The European and U.S. markets were mostly higher and the Asian bourses are also likely to open to the upside.
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