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Asia stocks snap winning streak, Aussie slips By Reuters

Asia stocks snap winning streak, Aussie slips By Reuters
investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.

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Australia s central bank raises rates to 12-year high, tempers hawkish stance

Australia s central bank raises rates to 12-year high, tempers hawkish stance
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Australia s central bank raises interest rates to 12-year high, tempers hawkish stance

Data to decide if a further hike is needed

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South African rand weakened after a week of gains

South African rand weakened, giving back some of the gains the currency made last week on hopes for the end of the U.S. Fed's tightening cycle.

South africaUnited statesNew zealandSouth koreaNew south walesSaudi arabiaUnited kingdomSouth koreanSouth africanRob thompsonJerome powellNeel kashkariThemba mkhangeliFrancesco pesoleCarol kongNicholas chia

Australian central bank lifts its cash rate to 12-year high

Australia's central bank raised Tuesday interest rates, bringing them to a 12-year high, ending four months of steady policy. However, it left it open.

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