Skip to main content

datastreet.in

Australian shares rebound from 3-week low on mining boost; banks drag

Indian shares rebounded on Wednesday after hitting a three-week low. Gains were driven by iron ore and gold miners. Financial stocks saw a dip as inflation remained a concern. Investors are now watching for quarterly inflation data. This will influence the Reserve Bank of Australia’s monetary policy meeting in February. The market anticipates a potential rate hike.

Source :- Markets-Economic Times Read More

Share it :

Leave a Reply

Your email address will not be published. Required fields are marked *