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Australian Inflation

All articles tagged with #australian inflation

world5 months ago

Asian Markets Show Mixed Trends Amid U.S.-China Trade Uncertainty and Fed Outlook

Asia-Pacific markets traded mixed amid ongoing U.S.-China trade negotiations, with no extension of the tariff truce and concerns over trade impacts. Meanwhile, HSBC missed profit expectations, Li Auto's new model disappointed investors leading to an 11% stock drop, and Australia's inflation hit its lowest since March 2021, supporting potential rate cuts. U.S. markets closed lower ahead of Federal Reserve decisions, and global economic outlooks remain cautious due to trade tensions and inflation trends.

via CNBC|
#asia-markets#australian-inflation#li-auto
finance2 years ago

Global Markets React to China Industrial Data and Wall Street Retreat

Asia-Pacific markets were mixed as investors analyzed China's industrial data and Australia's August inflation figures. China's industrial profits saw a softer fall in August, with a smaller contraction than the previous seven months. The Bank of Japan members were split over when to raise interest rates, with some believing the 2% inflation target was in sight. Jefferies predicts that shares of a British chip designer will soar over 100% in the next 12 months. Hong Kong's trade decline slowed in August, with smaller drops in imports and exports. The Dow Jones Industrial Average fell below its 200-day moving average for the first time since May, while the S&P 500 dipped below 4,300 for the first time since June 9. Oil prices are on track for their best quarter in over a year, and Tesla shares fell after reports of a potential EU investigation into unfair subsidies for EV makers.

via CNBC|
#asia-markets#australian-inflation#british-chip-designer
finance2 years ago

Banking anxiety eases, Asian stocks surge led by Alibaba.

Asian markets are likely to be tempered by a further rebound in US bond yields despite growing optimism that the banking shock is abating. The Bank of Thailand is set to implement its fifth consecutive quarter-point rate hike in an attempt to get inflation back within target. China's Alibaba Group plans to split its business into six main units covering e-commerce, media, and the cloud. Australian inflation figures for February and a raft of data from Vietnam will also be released.

via Reuters|
#alibaba-group#asian-markets#australian-inflation