Australian shares close 0.2% higher ahead of widely expected RBA rate hike
Financials led gains while miners fell for a third straight session. Northern Star Resources rose 6.2% after rejecting a takeover proposal from Gold Fields.
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Australian shares close higher ahead of widely expected RBA rate hike
By Kumar TanishkFinancials led broad gains in Australian shares on Monday as investors braced for a near-certain central bank rate hike due to come in a day later.The benchmark S&P/ASX 200 index ASX:XJO rose 0.2% to 8,679.70 points after falling 0.4% on Friday. The benchmark remained nearly 1.6% be…
Australian shares rise 0.2% ahead of RBA decision
Banks and gold miners supported the S&P/ASX 200 as investors awaited the Reserve Bank of Australia's policy meeting on Tuesday.
Australian shares rise as banks, gold miners rally ahead of RBA decision
Australian shares inched higher on Monday, supported by banks and gold miners, as investors awaited a central bank policy meeting this week that is widely expected to deliver an interest rate hike.The S&P/ASX 200 index ASX:XJO was up 0.2% at 8,683.5 points, as of 0011 GMT. The benchmark closed 0.4…
MNI EUROPEAN MARKETS ANALYSIS: USD Supported Despite Lower Oil
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but