US House Rules panel advances the Senate funding package
The advancement of the Senate funding package by the US House Rules panel is significant as it signals potential easing of budgetary tensions in Congress.
RBA hikes the Cash Rate by 25bps to 3.85%, as expected, with the decision unanimous, while it stated that inflation is likely to remain above target for some time
[MARKET ANALYSIS] Asia-Pac stocks mostly rebounded following yesterday's sell-off
US House Rules panel advances the Senate funding package
[MARKET ANALYSIS] Dollar takes a breather after strengthening post-ISM data, while all focus turns to the RBA
Korea (Republic of) 30-Year KTB Auction 3.565% (Prev. 3.250%)
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This development may impact market sentiment and expectations around government spending, which could have cascading effects on equities and risk assets, particularly during the Asian session.
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