Saturday, February 22, 2025
HomeWorld NewsAsian markets will rise; RBA is expected to lower interest rates |...

Asian markets will rise; RBA is expected to lower interest rates | Real Time Headlines

Australia, New South Wales, Sydney

Scott E Barbour | Image Gallery | Getty Images

After Chinese President Xi Jinping expressed support for the country’s private sector and urged companies to “display their “talent”, the Asia-Pacific market will open on Tuesday.

Australia’s S&P/ASX 200 fell 0.43%, ahead of the Reserve Bank of Australia’s policy decision. Reuters estimates that the 25 basis point rate will be reduced to 4.1%.

The Australian dollar rose 0.05% against the US dollar to 635.

Japan’s benchmark Nikkei 225 The day started 0.28%, while the generous TOPIX index increased by 0.37%.

South Korea kospi Slightly above slightly higher, while the small Kosdaq fell by 0.18%.

Futures in Hong Kong Hanging Forest Index Compared with HSI close to 22,616.23, the height pointing to 22,715 is as high as 22,715.

The Hang Seng Tech index tracks the 30 largest technology companies listed in Hong Kong, pulled out of track from earnings last week, down more than 2% on Monday after XI commented in XI Rare closed-door seminars.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments