RBA Minutes On Tap For Tuesday
(RTTNews) - The Reserve Bank of Australia will on Monday release the minutes from its monetary policy meeting on June 7, highlighting a light day for Asia-Pacific economic activity.
At the meeting, the RBA raised its key interest rate by a bigger-than-expected 50 basis points to 0.85 percent from 0.35 percent, which was the biggest hike since 2000, and vowed to withdraw the monetary support to bring inflation back to the target. This was the second consecutive rate hike after lifting a quarter-point in May.
Hong Kong will see Q1 numbers for current account and May inflation data. The current account surplus was HKD96.1 billion in the previous quarter. Inflation in April was down 0.2 percent on month and up 1.3 percent on year.
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KOSPI May Add To Its Winnings On Tuesday
The South Korea stock market on Monday ended the two-day slide in which it had stumbled more than 80 points or 3.2 percent. The KOSPI now rests just above the 2,440-point plateau and it's expected to open to the upside again on Tuesday.
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5j 17min yang lalu
Canadian Market Closes On Firm Note
The Canadian market closed on a firm note on Monday, lifted by gains in energy stocks. The start was a bit shaky, but stocks gained in strength as the day progressed as buying gathered momentum, although volumes remained a bit thin ahead of upcoming Christmas holidays.
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5j 41min yang lalu
Japan, Australia Central Banks To Release Minutes
The Bank of Japan will on Tuesday release the minutes from its monetary policy meeting on October 30-31, highlighting a light day for Asia-Pacific economic activity.
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5j 47min yang lalu
South Korea Consumer Confidence Index Tumbles In December - BoK
The Composite Consumer Sentiment Index (CCSI) for December stood at 88.4, 12.3 points lower than that in November.
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6j 4min yang lalu
Dollar Rises Against Major Counterparts
The U.S. dollar climbed higher on Monday in thin deals ahead of Christmas holidays. The passing of a crucial funding bill by the House and Senate that will help prevent a partial shutdown buoyed up the dollar.
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6j 18min yang lalu
Swiss Market Ends On Strong Note Ahead Of Holidays
The Swiss market shrugged off a slightly weak start on Monday and kept moving higher as the session progressed and eventually closed on a strong note.
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9j 49min yang lalu
European Stocks Close Mixed After Cautious Session
European stocks turned in a mixed performance on Monday as investors, digesting some economic data from the region, largely made cautious moves ahead of upcoming Christmas holidays.
Worries about Trump's tariff threats, and political uncertainty in Germany and France weighed on sentiment.
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10j 13min yang lalu
U.S. Dollar Gains Against Majors
The U.S. dollar rose against its major counterparts in the New York session on Monday, after the passing of a crucial funding bill that helped avert a year-end government shutdown.
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10j 44min yang lalu
