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Asia-Pacific stocks mixed as oil jumps; RBA rate decision ahead

Alex Lowe by Alex Lowe
April 5, 2022
in Dow Jones
0

Home » Asia-Pacific stocks mixed as oil jumps; RBA rate decision ahead

SINGAPORE — Shares in Asia-Pacific were mixed in Tuesday morning trade as investors look ahead to the Reserve Bank of Australia’s latest rate decision.

In Japan, the Nikkei 225 slipped 0.1% while the Topix index shed 0.35%.

South Korea’s Kospi edged fractionally lower. Elsewhere, Australia stocks rose as the S&P/ASX 200 advanced 0.76%.

In Southeast Asia, Singapore’s Straits Times index climbed 0.34%. Markets in Hong Kong and mainland China are closed on Tuesday for a holiday.

MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.15% higher.

Oil prices were higher in the morning of Asia trading hours on Tuesday, with international benchmark Brent crude futures up 1.54% to $109.19 per barrel. U.S. crude futures climbed 1.55% to $104.88 per barrel.

Oil prices jumped on Monday as investors braced for the prospect of more Western sanctions on Russia following allegations of civilian massacres near Ukrainian towns.

The European Union’s new sanctions on Russia are likely to…

__________________________________________________
You can Read this Complete Story at:
https://www.cnbc.com/2022/04/05/asia-stocks-hong-kong-and-mainland-china-markets-closed-reserve-bank-of-australia-currencies-oil.html
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Dow Today, Dow Jones Today
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Latest News on C N N.
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2022-04-04 23:35:59

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Tags: Asia NewsAustralian Dollar/US Dollar FX Spot RateBreaking News: AsiaBreaking News: Marketsbusiness newsDXY US Dollar Currency IndexFanuc CorpHang Seng IndexICE Brent Crude (Jun'22)KOSPI IndexMarketsNIKKEI 225NIKKEI 225 IndexS&P/ASX 200ShanghaiSoftBank Group CorpStraits Times IndexUSD/JPYWorld MarketsWTI Crude (May'22)
Alex Lowe

Alex Lowe

Alex is a financial writer covering forex. He is a expert financial journalist whose credits include Bloomberg, FT of London, Chicago Tribune. Contact: [email protected]

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