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Australia: Shares hit record high; RBA cautious on inflation

Australia: Shares hit record high; RBA cautious on inflation
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Australian shares hit record high; RBA cautious on inflation

Australian shares hit an all-time high on Tuesday as trading resumed after a long holiday weekend, with miners leading the way, while market participants assessed minutes of the central bank s last.

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RBA minutes: The bank not ruling in or out interest rate moves aims to return inflation ta

RBA minutes: The bank not ruling in or out interest rate moves aims to return inflation ta
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Australia, NZ dollars break resistance, reach 9-year highs on yen

The Australian and New Zealand dollars inched higher on Wednesday after cracking resistance offshore, while both held near nine-year peaks on the yen amid a spate of downbeat data on the Japanese.

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Dollar firms past 150 yen as US, Japan rates outlook diverge

The yen was pinned near a three-month low against the dollar on Tuesday as sticky U.S. inflation bolstered the case for higher-for-longer interest rates, contrasting with a recession in Japan and. -February 19, 2024 at 08:02 pm EST - MarketScreener

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