Second quarter growth data will likely paint a grim picture of Australia's economy on Wednesday as it reels under slowing exports and consumption.
There's more to blossoming ties between the Indian and Japanese prime ministers than counterbalancing the rise of China, analysts say.
The Reserve Bank of Australia on Tuesday left its key cash rate at a record low of 2.5 percent as expected, but raised concerns about a slowdown in China's property market.
Charts suggest that the downtrend in the euro/dollar is firm ahead of the European Central Bank's (ECB) policy meeting on Thursday.
The Dow Jones Industrial Average posted its largest annual gain last year and while momentum has slowed, investors are questioning whether the rise has run its course.
As the war of words between Australian dollar bears and bulls continues charts indicate that the bears may have the right call in the short term.