Norman Liebke at Commerzbank notes that the Reserve Bank of Australia (RBA) raised rates to 4.85%, but the Australian Dollar fell as markets saw the move as dovish.
Gold price (XAU/USD) rises to around $3,950 during the early Asian session on Tuesday. The precious metal rebounds as falling ...
TD Securities’ Prashant Newnaha sees the Reserve Bank of Australia's (RBA) 25bp hike to 4.85%, its highest rate since 2008, as a conditional pause rather than the start of another tightening cycle.
The Indian Rupee (INR) extends its winning streak against the US Dollar (USD) for the third trading day on Tuesday. In the opening trade, the USD/INR pair is down 0.15% to near 94.83.
Gold closed at $3,946, up 1.84% from a one-year low of $3,870.25, as Brent's 7.6% slide cut December hike odds to 77%. ETF holdings are still shrinking — a short-covering bounce, not new money.
The AUD/USD pair enters a bearish consolidation phase below the 0.7000 psychological mark after touching a fresh two-week low during the Asian session on Tuesday as traders now look to the crucial ...
Apple's Q4 revenue rose 12% to $114.48B and EPS hit $2.10, but the stock fell 1.83% to $338.32 as gross-margin guidance dropped to 45%–46% on higher memory costs.
The Reserve Bank of Australia (RBA) will announce its monetary policy decision on Tuesday and is widely anticipated to raise the Official Cash Rate (OCR) by 25 basis points (bps) to 4.85% from 4.6%.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $95.30 during the early Asian trading hours on Tuesday. WTI recovers some lost ground after falling to $94.30, the lowest ...
Oil prices plunged over 7% on US-Iran talks, gold rebounded above $3,900 and Nasdaq fell 1.07%. Explore market news ahead of the RBA decision.
Strategy (MSTR) has resumed accumulating Bitcoin (BTC) after a one-week pause, purchasing 811 BTC for approximately $65.5 million as the top crypto continues trading below $80,000.
Ethereum (ETH) is hovering above $2,200 on Monday after last week's Binance hack and October's record outflows in US spot ETH exchange-traded funds (ETFs).
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