Australia: Stocks follow US retreat
[SYDNEY] Australian stocks fell, following US equities lower after the Standard & Poor's 500 Index trimmed its ninth straight quarterly gain.
The S&P/ASX 200 Index lost 0.1 per cent with the NZX 50 Index by 10:55 am in Sydney.
Global stocks have swung between monthly gains and losses in 2015 as central banks from Europe to Asia bolstered stimulus and eased policy, while US data sent conflicting signals over whether the economy is strong enough to withstand higher interest rates.
BLOOMBERG
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Europe: Stoxx ends lower as auto giants weigh; investors parse inflation data
US: Wall Street stocks fall as markets weigh strong wage data, Fed meeting
Japan may have spent 5.5 trillion yen on Apr 29 intervention, BOJ data suggests
Singapore stocks rise, tracking regional bourses; STI up 0.3%
Asia: Markets build on Wall Street rally, yen holds bounce
Singapore shares open in the red on Tuesday; STI down 0.3%