Government braces for inflation blip as wages fight looms abc.net.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abc.net.au Daily Mail and Mail on Sunday newspapers.
The Australian and New
Zealand dollars edged lower on Tuesday as China s big mortgage
rate cut failed to draw much excitement from investors, while a
still cautious central bank Down Under reinforced.
Asian stocks mostly up as China enjoys Lunar New Year bump - Markets thejakartapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thejakartapost.com Daily Mail and Mail on Sunday newspapers.
Chinese stocks were buoyant after Lunar New Year but other Asian markets were mixed on Monday as a hot US inflation report rekindled worries over the timing of Fed rate cuts.
Chinese stocks were buoyant after Lunar New Year but other Asian markets were mixed on Monday as a hot US inflation report rekindled worries over the timing of Fed rate cuts.Innes said investors in Chinese shares were optimistic about sustaining recent positive momentum in Asian markets despite last week's US inflation shock.