Asian stocks ended mostly higher on Wednesday ahead of central bank meetings in the U.S. and Europe.
The stars are finally aligning for Australian stocks as cheap valuations and approval from billionaire Warren Buffet lure traders in.
A slew of China data offered some indication the worst of the mainland's economic slowdown may be over, although the recovery may disappoint.
China's inflation in May slowed more than expected, offering more evidence Asia's largest economy is stalling and suggesting more easing may be ahead.
The dollar looks to be back on top against the euro and the yen, and analysts say the party may last for the rest of the year.
The dollar clawed its way higher, recovering from almost four-month lows reached late last week on another surprisingly bad round of U.S. data.
China has removed the last hurdles on a massive local government debt swap that should jump start the growth of a municipal bond market.
India's government spooked investors by deferring parliamentary bills to make it easier for businesses to buy land and to harmonize taxes.
Australia's budget will be about propping up sub-par economic growth amid weak commodity prices rather than the traditional fiscal discipline, analysts say.
The dollar rose against the euro on renewed worries over a Greek exit from the eurozone, while the New Zealand dollar plunged against the greenback.
US oil prices settled higher after oilfield services firm Baker Hughes reported that the U.S. oil rig count fell for the 22nd consecutive week.
Indonesians are slowing their spending. That's bad news for its consumer companies and a dampener on an economy counting on household spending.
Oil wiped out recent gains, as euphoria from the first US inventory drawdown in months faded and focus returned to oversupplies in crude and gasoline.
Gold extended losses into a second session as higher bond yields dented its investment appeal, while uncertainty over a U.S. rate hike also weighed.
Beijing’s efforts to restructure local government debt could boost the size of China’s nascent municipal bond market by up to twenty times.
U.S. crude on Tuesday rose to a five-month high above $61 per barrel.
The Reserve Bank of Australia (RBA) may have removed its easing bias, but that's not enough to avert a slide in the Aussie dollar, analysts say.
Indonesia's economy stumbled, with first-quarter growth below expectations, amid signs the government's stimulation efforts may be falling short.
The dollar edged higher in thin trading after a two-week drop tied to data suggesting the U.S. economy might be stabilizing.
The greenback reversed earlier losses to trade higher against a basket of currencies on Thursday.