
Asian Stocks, Oil Find Support; Currencies Mixed: Markets Wrap
Asian shares extended a rally in global equities that continues to defy concern over risks to economic growth and elevated interest rates. Oil surged on a supply cut from Saudi Arabia.
Asian shares extended a rally in global equities that continues to defy concern over risks to economic growth and elevated interest rates. Oil surged on a supply cut from Saudi Arabia.
Economists and money markets are divided over which way Australia’s central bank will move Tuesday as lingering price pressures and recovering home prices suggest a hike may be needed while weaker activity and rising unemployment argue for a pause.
Saudi Arabia will make an extra 1 million barrel-a-day oil supply cut in July, taking its production to the lowest level for several years after a slide in crude prices.
The coders who maintain Bitcoin’s blockchain are clashing over whether to stamp out the meme tokens swarming the network.
Australians are almost evenly divided over a proposed Indigenous advisory body to lawmakers — known as the Voice to Parliament — that will be put to a referendum later this year, a new opinion poll showed.
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