SINGAPORE: Asian shares wobbled in cautious trade on Tuesday as investors kept their focus on U.S. banks and a series of data releases and central bank meetings this week, which began with a surprise rate hike in Australia. The Aussie dollar shot more than 1% higher against its U.S. counterpart and the New Zealand dollar rose 0.5% in sympathy after the Reserve Bank of Australia delivered a 25 basis point hike, defying expectations it would stay on hold. Three-year Aussie government bond yields also jumped, while Australian stocks slipped 0.

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