Australian shares ease as investors look beyond likely RBA hike
The S&P/ASX 200 fell 0.1% ahead of an expected 25-basis-point RBA rate hike to 4.60%. Megaport and Codan jumped on company-specific news.
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Australian shares ease as investors look beyond likely RBA hike
Australian shares inched lower on Tuesday ahead of a widely expected interest rate hike by the central bank, as market participants looked for signals on the path of monetary policy beyond September.The S&P/ASX 200 index ASX:XJO fell 0.1% to 8,670.10 by 0033 GMT after closing 0.2% higher on Monday…
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