RBA, Nikki 225, KossPI, CSI 300

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Skyline City Skyline in Sydney in the city center at night with bright lighting of modern architectural landmarks in Sydney, Australia.

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Asia and Pacific markets were traded on Tuesday, focusing on the interest rate of the Australian Reserve Bank later in the day.

RBA is expected to keep its cash price fixed by 3.6 %, according to Reuters pollSince high inflation may restrict its ability to reduce monetary policy.

“The Australian Reserve Policy meeting on Tuesday is the main event in the Asia and the Pacific region,” said Shier Lee LIM, APAC expert at APAC at Convera.

“Any shift in tone or guidelines forward can move the AUD crosses, especially after the recent fluctuations in building approvals, as August is expected to show a rise of 2.8 % after a decrease of 8.2 % in July,” she added.

Australia S & P/ASX 200 0.1 % increased. Japan Nikki 225 0.17 % slipped, while Topix 0.21 % was lost. South Korea KosPI He added 0.27 %, while Kosdaq offers 0.18 %.

Hong KongS Hang Seng Index The futures contracts were 26,735, and it is higher than the last HSI end of 26,622.88.

Overnight, stateside, closed the three main averages above. the S & P 500 Rose regained when Wall Street regained some of her foot after a week she lost a slightly steam intelligence trade.

The wide market index increased by 0.26 % to 6661.21, and Nasdak Advanced 0.48 % to close at 22,591.15. the Dow Jon’s industrial average 68.78 points, or 0.15 %, settled in 46316.07.

– CNBC and Yun Li contributed to this report.



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