Australia’s central bank kept interest rates at a 12-year high in a widely anticipated decision, while sticking with a neutral stance that surprised markets and sent the currency and bond yields lower ...
Australia was relatively slow to start hiking interest rates and they remain lower than most comparable economies even though ...
Asian stocks eked out gains on Tuesday, following Wall Street’s advance on optimism the Federal Reserve will start cutting interest rates this year. The yen dropped.  A gauge of regional equities is ...
The S&P 500 has climbed over the past two weeks amid optimism that Fed easing is still likely this year, with solid corporate earnings supporting sentiment. The US benchmark closed Friday above 5,100 ...
Analysts led by Mike Wilson said consumer staples are among the defensive sectors as consumers focus on value amid economic ...