"Asia-Pacific Markets Tumble as RBA Rate Decision Looms"

Hong Kong stocks fell about 3%, leading wider losses in the Asia-Pacific region as investors await a rate decision by the Reserve Bank of Australia. The RBA is expected to maintain a hawkish stance and keep rates unchanged at 4.10%. Meanwhile, Goldman Sachs predicts that shares in a European delivery company will double in the next 12 months, a portfolio manager names five discounted global stocks to buy, and a value investor sees a cheap investment opportunity in a wealth manager's stock. The World Bank forecasts sustained growth but slowing momentum in the Asia-Pacific region, and Bitcoin rises to its highest level since August. Additionally, gold and silver prices drop to their lowest levels since March.
- Hong Kong stocks fall 3%, leading wider Asia-Pacific losses ahead of RBA rate decision CNBC
- ASX slips as markets bet on 'higher for longer' interest rates | Finance Report | ABC News ABC News (Australia)
- ASX 200 LIVE: Shares sink to six months low as global bond yields surge; Reserve Bank interest rate decision pending The Australian Financial Review
- 5 things to watch on the ASX 200 on Tuesday The Motley Fool Australia
- Markets live: ASX falls sharply, Australian dollar sinks to 11-month low ahead of Reserve Bank decision ABC News
- View Full Coverage on Google News
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