Stocks dip, dollar steadies as investors seek rates clarity
newscatcher
2023-07-04 04:32
Stocks dip, dollar steadies as investors seek rates clarity
HONG KONG  – Most Asian stocks fell on Tuesday, while the U.S. dollar and oil steadied, as investors held safe ranges awaiting more clues on whether central banks will continue their aggressive interest rate hikes. Market conditions were also subdued heading into the U.S. Independence Day public holiday on Tuesday, with most of Wall Street closed. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.1 percent, by Tuesday mid-morning. Australian shares were mostly flat, as investors waited to see whether the central bank will tighten again when it announces a policy decision later in the day.

https://business.inquirer.net/408477/stocks-dip-dollar-steadies-as-investors-seek-rates-clarity

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