Tag

Rba Rate Hike

All articles tagged with #rba rate hike

world4 hours ago•164 min saved

Asia stocks rally on US tech gains as Iran tensions and RBA decision loom

Asia's equity benchmarks rose with tech names leading gains after a Wall Street rally, as Nvidia’s momentum bolstered sentiment across regional markets (KOSPI near 3%, Nikkei about 0.5%, Hang Seng ~1%). Traders also weighed persistent Middle East tensions keeping oil above $100 and monitored a busy week of central-bank decisions, including the Reserve Bank of Australia’s 25 basis-point rate hike to 4.10% in a tight vote, ahead of the Fed and Bank of Japan meetings.

via Investing.com|

#asia-stocks #central-banks #iran-conflict

finance2 years ago•5 min saved

Stocks in South Korea and Asia falter as traders analyze China trade data and RBA rate hike, while Wall Street eyes Fed speakers.

South Korean stocks fell 3% as investors analyzed China's trade data and the Reserve Bank of Australia's rate hike. China reported a worse-than-expected drop in exports in October, while imports surprisingly rose. South Korea's Kospi slipped 2%, with energy and manufacturing stocks dragging the index down. Cryptocurrencies rose after ether reached $1,900 for the first time since July. BCA Research predicts that the Federal Reserve is done raising rates and expects a recession to begin in the first half of next year.

via CNBC|

#china-trade-data #cryptocurrencies #finance