Morning Bid: RBA steady, RBNZ hawk shock, next up RBI

Indonesia Berita Berita

Morning Bid: RBA steady, RBNZ hawk shock, next up RBI
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A look at the day ahead in Asian markets from Jamie McGeever.

stunned everyone with a 50 basis point hike and the next interest rate decision for Asian markets to zoom in on this week comes from India on Thursday.

Another batch of gloomy U.S. data and deepening recession concerns on Wednesday will no doubt darken investors' mood.is expected to raise its repo rate by a quarter percentage point to 6.75, according to a Reuters poll, marking the end of the tightening cycle but maybe leaving the door open for one more hike.

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