Australia stocks rise as investors assess central bank minutes; New Zealand inflation hits 2-year low

  • 📰 NBCPhiladelphia
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

The inflation reading for New Zealand is the first key economic reading for the newly elected prime minister.

Australia stocks gained as investors assessed minutes from its central bank's last policy meeting, while the New Zealand dollar weakened following an inflation reading, the first since the elections over the weekend.

The minutes from the Reserve Bank of Australia detailed the central bank's rationale for holding its benchmark lending rates at 4.1% during its October monetary policy meeting, the fourth straight month that it has kept rates unchanged.Biden will travel to Israel on Wednesday as war with Hamas drags into its second weekNew Zealand consumer inflation hits two-year lowdata published Tuesday.

"This is a great time for people to get their portfolios more in balance because we see positive returns across cash, bands and equities. When we look out towards the middle of next year, we can see the S&P 500 probably about 4500 and we can see the 10-year at about 3.5%," Haefele told CNBC's"Haefele added that so-called bond vigilantes aren't overly concerned with the prospect of a U.S. default, which underpins his thesis for a dip in the benchmark 10-year Treasury.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 569. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Australia stocks rise ahead of central bank minutes; New Zealand inflation hits 2-year lowThe inflation reading for New Zealand is the first key economic reading for the newly elected prime minister.
Fonte: NBCNewYork - 🏆 270. / 63 Consulte Mais informação »