Financial News: Australia Rate Decision Due On Tuesday

Australia Rate Decision Due On Tuesday

05/04/2026 - 18:00:00 (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 modest day for Asia-Pacific economic activity. The RBA is widely expected to hike its benchmark lending rate by 25 basis points, to 4.35 percent from 4.10 percent.

Australia also will see April results for the services and composite PMIs from S&P Global; in March, their scores were 50.3 and 50.1, respectively.

Singapore will release March figures for retail sales; in February, sales were down 4.1 percent on month and up 8.3 percent on year.

Hong Kong will see preliminary Q1 numbers for gross domestic product; in the previous three months, GDP was up 1.0 percent on quarter and 3.8 percent on year.

Indonesia will provide Q1 data for gross domestic product; in the three months prior, GDP was up 0.86 percent on quarter and 5.39 percent on year.

Finally, the markets in South Korea (Children's Day), Japan (Children's Day) and China (Labor Day) are closed on Tuesday.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Singapore GDP Data Due On Monday (05 hr(s), 12 min(s), 55 sec(s) ago)
(RTTNews) - Singapore will on Monday release Q1 figures for gross domestic product, highlighting a ...Full Story»

U.S. Leading Economic Index Unexpectedly Inches Higher In April (12 hr(s), 30 min(s), 55 sec(s) ago)
(RTTNews) - A reading on leading U.S. economic indicators unexpectedly edged slightly higher in th ...Full Story»

U.S. Consumer Sentiment Tumbles Much More Than Previously Estimated In May (12 hr(s), 47 min(s), 55 sec(s) ago)
(RTTNews) - A report released by the University of Michigan on Friday showed consumer sentiment in ...Full Story»

Latvia Jobless Rate Rises To 7.1% In Q1 (13 hr(s), 53 min(s), 55 sec(s) ago)
(RTTNews) - Latvia's unemployment rate increased in the first quarter of 2026 after falling in ...Full Story»

German GDP Growth Rises On Exports, Consumption (14 hr(s), 23 min(s), 55 sec(s) ago)
(RTTNews) - The German economy expanded at a slightly faster pace in the first quarter, underpinne ...Full Story»

Poland Business Confidence Rises In May (14 hr(s), 23 min(s), 55 sec(s) ago)
(RTTNews) - Poland's manufacturers expressed a less pessimistic attitude in May, survey figure ...Full Story»

French Manufacturing Confidence Strengthens In May (14 hr(s), 59 min(s), 55 sec(s) ago)
(RTTNews) - Confidence among French manufacturers improved further in May and remained above its l ...Full Story»

Irish Wholesale Prices Rise 1.4% In April (15 hr(s), 38 min(s), 55 sec(s) ago)
(RTTNews) - Ireland's wholesale prices increased for the first time in more than a year in Apr ...Full Story»