Market

Asian Markets Rally Post-RBA Decision: A Closer Look at the Surge

Asia-Pacific Markets Rebound

Following a sharp decline on Monday, markets across the Asia-Pacific region experienced a notable upturn on Tuesday. This resurgence comes as investors closely watch the unfolding developments around US President Donald Trump's proposed tariff policies and the Reserve Bank of Australia's (RBA) decision to keep interest rates unchanged at 4.1%, aligning with market expectations.

Market Performances Highlighted

Japan's Nikkei 225 saw a modest increase of 0.25%, while Hong Kong's Hang Seng and South Korea's Kospi climbed by 0.44% and 1.94%, respectively. In China, the Shanghai Composite and the Shenzhen Composite also posted gains of 0.59% and 0.45%. Meanwhile, Australia's S&P/ASX 200 closed the day up by 0.88%.

Currency Movements

On the currency front, the dollar experienced a slight dip against the yen, trading 0.20% lower.