Today, the Reserve Bank of
Australia raised interest rates
by 50 basis points, while the
Bank of Japan is staying dovish.
Uncertainty regarding monetary
policies and inflation across
Asia may have been the cause for
mixed trading results on major
Asian Indices today.
As the world continues to
grapple with surging inflation,
the war in Ukraine, and
uncertainty regarding monetary
policy, May was an eventful
month for many of the
market's sectors. Read this
article to see May's
highlights.
The Aussie dollar’s fortunes
have been tied to the virus and
its disruption of the
post-pandemic recovery. Will the
country’s central bank support
the currency or continue with
its policy to keep it weak?
