Come Thursday, markets will be digesting a new round of manufacturing data from China, when HSBC releases the flash estimate of the PMI for August.» Read More
Southeast Asia's high household debt may have a silver lining: policy makers won't need to tighten policy much to control rising inflation, ANZ said.
Brent crude extended losses for a third straight session, as tensions in Iraq were not expected to threaten the OPEC producer's output.
Most Asian bourses followed Wall Street higher on Tuesday, except Chinese and Indian shares which failed to track Asia-wide gains.
Gold rebounding from a one-month low, as heightened tensions over Ukraine prompted speculators to buy back bullion.
The Kiwi was crushed as the country's central bank warned against the currency's strength following its decision to hike interest rates.
Australia equities are a resilient lot, shrugging off a slew of economic headwinds this year to trade at nearly six-year highs.
Crude turned lower as investors took some profits from the previous day's gains even as tensions between Russia and the West remained high.
Gold dipped on profit-taking after a sharp overnight jump, but the metal is being supported by a wave of risk aversion.
China posted better-than-expected GDP figures, but economists say there's little evidence of progress in rebalancing its economic growth model.
Asian stocks were mostly higher on Tuesday as investors awaited Federal Reserve Chair Janet Yellen's two-day testimony later in the day.
Australia is set to lose 50,000 to 75,000 jobs over the next few years as slowing mining investment hinders growth, Australia New Zealand Banking warned.
So far this year, bond yields have thwarted forecasts they would rise, but many analysts are sticking with their calls for a march higher.
Asian stocks were mixed on Friday on fears that issues at Portugal's biggest bank could hurt European periphery markets.
The Aussie – which appeared to be on course for a return to parity with the U.S. dollar just days ago – is set to end the year below $0.90.
Milk prices may unravel the popular carry trade of using currencies such as the yen or U.S. dollar to buy higher-yielding New Zealand dollar assets.
Gold settled higher on Friday, posting its fourth straight weekly gain, as weak US data on consumer spending hurt the dollar.
Singapore, an Asian hub for banking and finance, is ramping up its bid to become a center for gold trading that may one day rival London.
Expectations interest rates will be lower for longer have spurred "carry trades" funded by low-yielding currencies, but some warn it's not a safe bet.
As Australia grapples with a mining sector downturn, economists warn that a new headwind may hit business sentiment: waning consumer confidence.
Gold steadied near a two-month high as escalating violence in Iraq and geopolitical tensions supported the metal's safe-haven appeal.