Asian markets will be watching the Reserve Bank of Australia’s rate decision, as well as China’s inflation data later this week.
expanded in the quarter ended June, with total trade coming in at 51.8 billion New Zealand dollars, 4.9% higher compared with June 2022.
A Fidelity fund that invests billions of dollars into a China-related strategy is on track to outperform its peers this year for a second straight year, according to Morningstar. The jobless rate was expected to be 3.5%, according to economists polled by Dow Jones, equal with what it was in the prior month. Average hourly earnings rose 0.24% for the month, or 4.29% year-over-year. That was less than the 4.4% increase expected by economists.
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Asia markets set for mixed open; Australia and China data closely watched this weekAsian markets will be watching the Reserve Bank of Australia’s rate decision, as well as China’s inflation data later this week.
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Asia markets mixed in early trading; Australia and China data closely watched this weekAsian markets will be watching the Reserve Bank of Australia’s rate decision, as well as China’s inflation data later this week.
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