Asia-Pacific stocks set for mixed start; 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 looked set for a mixed start on Tuesday, with investors looking ahead to the release of meeting minutes from theReserve Bank of AustraliaFutures pointed to a lower open for Japanese stocks. The Nikkei futures contract in Chicago was at 26,515 while its counterpart in Osaka was at 26,460. That compared against theNikkei 225'sAustralian stocks looked poised for a higher start, with the SPI futures contract at 7,100, against theS&P/ASX 200's 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 a
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