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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Sensex, Nifty Set For Muted Start As Dollar And Yields Climb
Indian shares look set to open on a cautious note Wednesday after initial estimates from the government showed the Indian economy is set to grow at the slowest pace in 4 years in the fiscal year 2024-25.
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6ч 21мин назад
Asian Shares Mixed As Traders Scale Back Fed Rate Cut Bets
Asian stocks were mixed on Wednesday as fresh signs of a resilient U.S. economy clouded the outlook for U.S. rate cuts in 2025.
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6ч 33мин назад
Thai Stocks Likely To Remain Rangebound
The Thai stock market has finished higher in two of three trading days since the end of the two-day slide in which it had slumped more than 20 points or 1.5 percent. The Stock Exchange of Thailand now sits just above the 1,390-point plateau although it may not be able to hold those gains.
RTTNews
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7ч 8мин назад
Lower Open Anticipated For Indonesia Stock Market
The Indonesia stock market ticked higher again on Tuesday, one day after ending the three-day winning streak in which it had advanced almost 130 points or 1.8 percent. The Jakarta Composite Index now sits just above the 7,080-point plateau although it's expected to open under pressure on Wednesday.
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7ч 38мин назад
Hong Kong Shares May Extend Losing Streak
The Hong Kong stock market has finished lower in two straight sessions, retreating more than 310 points or 1.7 percent along the way. The Hang Seng Index now sits just beneath the 19,450-point plateau and it may extend its losses again on Wednesday.
RTTNews
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7ч 53мин назад
Lower Open Anticipated For China Stock Market
The China stock market on Tuesday snapped the four-day losing streak in which it had plummeted more than 200 points or 6 percent. The Shanghai Composite Index now sits just beneath the 3,230-point plateau although it's expected to see renewed selling pressure on Wednesday.
RTTNews
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8ч 8мин назад
Rally May Stall For Taiwan Stock Market
The Taiwan stock market has climbed higher in three straight sessions, accelerating more than 800 points or 3.4 percent along the way. The Taiwan Stock Exchange now sits just above the 23,650-point plateau although it may be stuck in neutral on Wednesday.
RTTNews
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8ч 38мин назад
Singapore Bourse Due For Consolidation
The Singapore stock market has moved higher in four straight sessions, gathering more than 40 points or 1 percent along the way. The Straits Tines Index now rests just beneath the 3,830-point plateau although it may run out of steam on Wednesday.
RTTNews
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9ч 5мин назад
