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Australian Dollar Eases After RBA's Smaller Rate Hike

The Australian dollar retreated against its major counterparts in the Asian session on Tuesday, after the Reserve Bank of Australia raised interest rate by a modest 25 basis point for the second straight meeting.
RTTNews | 1410 days ago
Asian Markets Trading Mostly Higher

Asian Markets Trading Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, despite the broadly negative cues from Wall Street overnight, amid higher global bond yields even as traders are cautious as they await the US Fed's policy announcement on Wednesday. The Fed is widely expected to raise its benchmark interest rate by another 75 basis points, its fourth straight rate hike, to fight soaring inflation.
RTTNews | 1410 days ago
Rally May Stall For Thai Stock Market

Rally May Stall For Thai Stock Market

The Thai stock market has moved higher in three straight sessions, gathering almost a dozen points or 0.8 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,610-point plateau although it may run out of steam on Tuesday.
RTTNews | 1410 days ago
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is modestly higher on Tuesday, extending the gains in the previous session, with the Nikkei 225 moving above the 27,600 level, despite the broadly negative cues from Wall Street overnight, as traders remained cautious ahead of the US Fed rate decision on Wednesday. Some positive domestic earnings news also aided market sentiment.
RTTNews | 1410 days ago
Sensex, Nifty Seen Opening Up With Earnings In Focus

Sensex, Nifty Seen Opening Up With Earnings In Focus

Indian shares look set to open a tad higher on Tuesday, as investors react to the latest earnings results and await the outcome of a two-day policy meeting of the U.S. Federal Reserve that gets underway later today.
RTTNews | 1410 days ago
Soft Start Anticipated For Indonesia Stock Market

Soft Start Anticipated For Indonesia Stock Market

The Indonesia stock market has finished higher in two of three trading days since the end of the two-day slide in which it had slipped almost 10 points or 0.15 percent. The Jakarta Composite Index now rests just beneath the 7,100-point plateau although it's expected to turn lower again on Tuesday.
RTTNews | 1410 days ago
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Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market modestly higher on Tuesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving to nearly the 6,900 level, despite the broadly negative cues from Wall Street overnight, led by some gains in technology, materials and energy stocks, even as traders cautiously await the RBA's rate decision later in the day.
RTTNews | 1410 days ago
Hong Kong Bourse May Extend Losing Streak

Hong Kong Bourse May Extend Losing Streak

The Hong Kong stock market has moved lower in consecutive trading days, stumbling more than 740 points or 5 percent in that span. The Hang Seng Index now sits just beneath the 14,690-point plateau and it's tipped to open under pressure again on Tuesday.
RTTNews | 1410 days ago

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