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RBA Minutes: Board Discussed Raising Cash Rate In June
The board of the Reserve Bank of Australia discussed the case for raising the cash rate at its June meeting citing slower-than-expected inflation but finally judged that the case to leave the rate unchanged was the stronger one, the minutes of the meeting showed Tuesday. At the June meeting, the bank had retained its benchmark rate at a 12-year high of 4.35 percent for a fifth straight meeting.
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830 hari yang lalu
Canadian Dollar Drops Against Most Majors
The Canadian dollar weakened against most major currencies in the Asian session on Tuesday.
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830 hari yang lalu
NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Tuesday.
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830 hari yang lalu
European Shares Set To Drift Lower Before Powell's Speech
European stocks are seen opening on a tepid note Tuesday as a surge in oil prices on prospects for strength in summer demand revived worries about inflation and interest rates.
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830 hari yang lalu
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Tuesday.
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830 hari yang lalu
Sensex, Nifty Little Changed; Banks And Financials Drift Lower
Indian shares struggled for direction on Tuesday as a surge in oil prices to a two-month high revived concerns about inflation and interest rates.
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830 hari yang lalu
European Economic News Preview: Eurozone Flash Inflation Data Due
Flash inflation from the euro area is the only major report due on Tuesday, headlining a light day for the European economic news. At 3.00 am ET, unemployment data is due from Spain. The number of people out of work is forecast to decline 50,900 in June after decreasing 58,700 in May.
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830 hari yang lalu
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Asian Markets Trading Mixed
Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from global markets overnight, as traders seemed reluctant to make significant moves ahead of key US employment data later in the week, which is expected to show a slowdown in the pace of job growth in June, could impact the outlook for interest rates. Asian markets closed mostly higher on Monday.
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830 hari yang lalu
Sensex, Nifty Seen Tad Lower At Open As Oil Prices Surge
Indian shares may open a tad lower on Tuesday as oil traded near a two-month high amid an escalation in tensions in the Middle East and concerns over the rapid start to the Atlantic hurricane season.
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830 hari yang lalu
Japanese Market Notably Higher
Adding to the gains in the previous two sessions, the Japanese stock market is notably higher on Tuesday, with the Nikkei 225 moving above the 39,800 level, following the broadly positive cues from global markets overnight, with gains in index heavyweights, exporters and financial stocks. The Yen also hit a fresh 38-year low against the US dollar.
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830 hari yang lalu
Thai Stock Market Due For Support On Tuesday
The Thai stock market has moved lower in three straight sessions, slipping more than 20 points or 1.5 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,300-point plateau although it may stop the bleeding on Tuesday.
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830 hari yang lalu
Overbought Indonesia Bourse Nonetheless Called Higher
The Indonesia stock market has moved higher in four straight sessions, collecting more than 250 points or 3.7 percent along the way. The Jakarta Composite Index now rests just beneath the 7,140-point plateau and it's tipped to open in the green again on Tuesday.
The global forecast for the Asian markets suggests little movement ahead of key U.S. employment data later this week. The European and U.S. markets finished slightly higher and the Asian markets figure to follow suit.
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830 hari yang lalu
Australian Market Slightly Lower
Adding to the losses in the previous session, the Australian stock market is trading slightly lower on Tuesday, despite the broadly positive cues from global markets overnight. The benchmark S&P/ASX 200 is staying well below the 7,800 level, with weakness is financial stocks as traders cautiously await the minutes of the Reserve Bank of Australia's June monetary policy meeting.
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830 hari yang lalu
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