ASX to rise ahead of RBA policy meeting, global stocks rebound

Wall Street edged higher on Monday after a rise in European shares helped stabilise investor sentiment after a series of volatile sessions.

On Wall Street, the Dow Jones Industrial Average rose 0.1 per cent, while the S&P 500 gained 0.82 per cent. Meanwhile, the MSCI World index, while higher on Monday, remains down 6.2 per cent in January, its worst start to the year since 2016.

Belgique Dernières Nouvelles, Belgique Actualités

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After week of turmoil, the market’s eyes turn to RBAThe RBA is expected to announce the end of its $4 billion a week bond buying program to pump money into the economy and analysts will be looking for clues on the timing of any interest rate hikes | nickbonyhady
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