Asia markets rise ahead of Australia's central bank interest rate decision
Publishing timestamp: 2023-04-03 20:33:13
Summary
Asia-Pacific markets rose ahead of Reserve Bank of Australia's interest rate hike decision, with economists split on whether RBA will pause or continue its hiking cycle. South Korea's consumer price index for March slowed to 4.2%. Tesla shares were down following weaker-than-expected deliveries data for Q1. Warren Buffett's energy stocks, Occidental Petroleum and Chevron, staged a strong rally. Oil prices surged after a surprise output cut from OPEC+. Manufacturing activity in the US slipped further into contraction territory in March.
Sentiment: MIXED
Tickers: .KS11, .SPX, @CL.1, .SSEC, @LCO.1, @DJ.1, .AXJO, .DXY, .SZI, JPY=, .N225, .IXIC, .HSI, BRK.A, TSLA, AUD=, OXY, CVX,
Keywords: japan, nikkei 225 index, chicago, business news, breaking news: asia, s&p/asx 200, usd/jpy, markets, shenzhen component index, asia economy, ice brent crude (apr'23), wti crude (mar'23), kospi index, dxy us dollar currency index, hang seng index, breaking news: markets, shanghai, australian dollar/us dollar fx spot rate, osaka, world markets,
Source: https://www.cnbc.com/2023/04/04/asia-markets-australias-central-bank-intrest-rate-hike-decision.html