Asia markets mixed as investors look to Australia's central bank minutes
Australia's central bank will release the minutes for its July meeting Tuesday, which will detail its rationale for holding rates and its future outlook.
The meeting "will discuss information sharing, consultation mechanisms and joint planning and implementation designed to boost nuclear deterrence towards North Korea." Trading resumes today, after the trading session was suspended Monday because of a Typhoon Talim warning. Carol Alexander, Professor of Finance at Sussex University and Standard Charterd’s Geoff Kendrick reveal their predictions. Antoni Trenchev is the CEO of cryptocurrency lending firm Nexo.
The investment bank outlined key earnings expectations for ASML and Nokia as well as its medium-term outlook on the chip stocks.
In 2023, the ETF that has exposure to interactive media, software and related companies has gained nearly 42%. Cintas has reached all-time records since its inception in 1983. The corporate uniform provider reached a high of $503.70. The Empire State Manufacturing Survey of the New York Federal Reserve dropped six points to a score of 1.1. This represents the difference between companies experiencing growth and contraction. The number of new orders was unchanged at 3.3. Shipments fell by 8.6 points, and inventories dropped 4.8 points for a reading -10.8. --Jeff Cox