Australian stocks climbed as much as 0.7% to touch a record high, supported by buoyant mining shares and adding to the previous day’s tech-driven gains.was up 0.7%, showing little reaction after the Bank of Japan left monetary policy unchanged as expected on Tuesday.
Prospective monetary easing by the Fed has been a key factor behind the recent bull run by global equities, particularly U.S. stocks, which have notched up record highs over the past month. Also drawing some attention were U.S.-China trade negotiations due to begin in Shanghai on Tuesday, although expectations for progress during the two-day meeting are low with the markets hoping the two sides can at least detail commitments for “goodwill” gestures.
Brexit pain? No Brexit pain for Brits, we are galloping toward it, welcoming whatever it holds. Do appreciate Reuters are not neutral, but we have become used to media who know nothing about anything & just print their own fantasies.
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