Reported about 1 year ago
Asian stocks rose on Tuesday as they tracked Wall Street higher ahead of Federal Reserve officials' speeches. The Australian dollar remained steady after the Reserve Bank of Australia (RBA) maintained rates at 4.35%. Traders adjusted their expectations for a rate cut following the RBA decision, resulting in the Aussie dollar holding firm at $0.6612. Market sentiment was also boosted by reduced concerns over European political turmoil, with Japan's Nikkei climbing 0.76% and Asia-Pacific shares outside Japan increasing by 0.64%.
Source: YAHOO