The Nikkei rebounded from Tuesday's sell-off as most Asian markets waffled on Wednesday before key central bank decisions and major earnings reports. » Read More
Australia's stock market suffered a dismal second quarter, but that hasn't scared off analysts.
Australia's top central banker Stevens said interest rate cuts remained on the table, but cautioned too much easing could lead to longer-term dangers.
Tim Schroeders, portfolio manager at Pengana Capital, says RBA Governor Glenn Stevens' speech confirms the fact that Australia's economic shift isn't a smooth one. He later explains why he likes BHP Billiton.
RBA said leaving rates at a record low this month was apt and hinted at a steady outlook for policy as it welcomed efforts to boost growth in China.
Todd Elmer, currency strategist at Citi, expects Glenn Stevens, governor of the Reserve Bank of Australia, to strike a dovish stance when he speaks at the Anika Foundation this week.
Canada cut rates this week while a U.S. policy transition is already sending ripples around the world at the same time tumbling commodities prices are biting into growth.
The euro fell more than 1 percent against a buoyant U.S. dollar on Tuesday.
There is no incentive for the Reserve Bank of Australia to cut rates now that the Australian dollar is trading below the $0.75 level, says Michael Gable, MD & founder of Fairmont Equities.
Savanth Sebastian, equities economist at CommSec, expects the Reserve Bank of Australia to focus on the Australian currency and the pullback in Chinese stocks at its monthly policy meeting.
The Reserve Bank of Australia will likely keep interest rates on hold as the central bank assesses how its earlier rate cuts are filtering through the economy, says Katrina Ell, economist at Moody's Analytics.
Paul Bloxham, chief economist for Australia and New Zealand at HSBC, expects the Reserve Bank of Australia (RBA) to keep its cash rate unchanged for the next 18 months.
Asian markets are bracing for a turbulent week as central bank decisions and economic data on tap will likely add to the uncertainty over Greece.
Ivan Colhoun, chief economist, Markets at National Australia Bank, says more infrastructure spending can help Australia's economic transition.
Sydney home prices may have surged, but even Australia's top policy makers can't agree on whether the market is a bubble.
As another rate cut may worsen Sydney's housing bubble, RBA governor Glenn Stevens may try to jawbone the Aussie dollar at his speech on Wednesday, says Campbell Dawson, director at Elstree Investment Management.
Stock markets in China rode out a volatile session to settle at new seven-year peaks on Friday, while other bourses in the region nursed modest losses.
Apart from keeping the central bank on hold, the surprisingly upbeat first-quarter GDP print will do little to boost domestic consumption, says David Solusky, head of investment strategy at UBS Wealth Management Australia.
A majority of Asia's stock markets fell on Wednesday, as upbeat economic data in the region failed to boost trading sentiment.
Australia's economy grew faster than expected in the first quarter, but analysts were concerned about the quality of the data.
David Bassanese, chief economist at BetaShares, says the quality of Australia's first-quarter gross domestic product isn't "fantastic" as consumer spending remained soft.