Reserve Bank widely tipped to lift rates 50 basis points
Markets expect the Reserve Bank of Australia will raise the official cash rate by 50 basis points at its board meeting tomorrow as traders weigh overseas events.
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Markets expect the Reserve Bank of Australia will raise the official cash rate by 50 basis points at its board meeting tomorrow as traders weigh overseas events.
Global tightening wave ruffles feathers at RBA, economist Peter Osho says inflation better than expected, Pilbara Minerals and Lynas Rare Earths receive broker upgrades, + MORE.
The British pound fell to its lowest level against the US dollar since 1971. Pound sterling fell more than 4 percent to $1.0327 in early trade in Asia bef
Market likely to defy 15% to 20% predicted falls
Asian equities mostly sank Tuesday and oil prices tumbled following a rout on Wall Street as anxieties were fanned over rising US interest rates, surging inflation and the impact of China's prolonged…