Asia-Pacific stocks mixed; Reserve Bank of Australia meeting minutes ahead [MSNBC.com]
NATL AUSTRALIA BK S/ADR (NABZY)
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Source: MSNBC.com
SINGAPORE — Shares in Asia-Pacific were mixed in Tuesday morning trade, with investors looking ahead to the release of meeting minutes from theReserve Bank of AustraliaTheNikkei 225South Korea'sKospiS&P/ASX 200MSCI's broadest index of Asia-Pacific shares outside Japan traded 0.25% higher. Earlier in May, the Australian central bankannounced its first rate hike in more than a decadeStock picks and investing trends from CNBC Pro:Warren Buffett’s Berkshire made a $3 billion bet on Citigroup. Here are his other picksMichael Burry of ‘The Big Short’ reveals a bet against AppleMorgan Stanley says beware bear market rallies, S&P 500 headed to 3,400"The main interest of the Minutes is whether they give any insight into the appetite of the RBA to do a supersized 40-50bp hike," Tapas Strickland, an economist at National Australia Bank, wrote in a Tuesday note.Overnight stateside, the S&P 500 shed 0.39% to 4,008.01 while the tech-heavy Nasdaq Composite dropped 1.2% to 11,662.79. The Dow Jones In
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