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Financial News: Australia Rate Decision On Tap For Tuesday

Australia Rate Decision On Tap For Tuesday

03/18/2024 - 18:01:00 (RTTNews)

(RTTNews) - The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBA is widely expected to keep its benchmark lending rate unchanged at 4.35 percent.

Japan will see January numbers for industrial production, with forecasts suggesting a decline of 7.5 percent on month following the 1.4 percent increase in December. Capacity utilization is seen unchanged at -0.1 percent on month.

South Korea will release February figures for imports, exports and trade balance. In January, imports were down 13.1 percent on year and exports rose an annual 4.8 percent for a trade surplus of $4.30 billion.

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INTERNATIONAL FINANCIAL NEWS

Norway Jobless Rate Rises To 4.0%

04/25/2024 - 02:58 AM (RTTNews)
(RTTNews) - Norway's unemployment rate increased in March after falling in the previous month, ...Full Story>>

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04/25/2024 - 02:36 AM (RTTNews)
(RTTNews) - Japan's leading index improved to the highest level in one-and-a-half years as ini ...Full Story>>

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04/25/2024 - 02:23 AM (RTTNews)
(RTTNews) - Sentiment among Germany's exporters weakened in April after a strong rebound in th ...Full Story>>

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04/24/2024 - 19:48 PM (RTTNews)
(RTTNews) - South Korea's gross domestic product was up a seasonally adjusted 1.3 percent on q ...Full Story>>

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