MARKET WIRE NEWS

Reserve Bank Of Australia Hikes Rates And Sees Another This Year

Source: SeekingAlpha

2026-02-03 08:55:00 ET

The sense of anxiety that hung over the capital markets eased today. Equity markets are higher, and the meltdown in gold and silver brought in new buying. The US dollar ( DXY ) is mostly a little softer, but its upside correction does not appear over. Most emerging market currencies are firmer today, led by the unlikely Indian rupee, which gapped higher following the trade agreement with the US. Meanwhile, there is a partial US government shutdown that will disrupt reporting of economic data, including Friday’s nonfarm payrolls and today’s JOLTS report....

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Reserve Bank Of Australia Hikes Rates And Sees Another This Year
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