Asia-Pacific markets were set to extend gains from the previous session as Wall Street rose overnight on expectations that the Federal Reserve will cuts interest rates.In Asia, investors await the Reserve Bank of Australia decision on rates as the bank concludes its two-day monetary policy meeting. Economists polled by Reuters expect the RBA to hold its benchmark lending rate at 4.35% for its fourth meeting in a row.
Still, expenditure on luxury goods is expected to 68% this year, up from 66% in 2023, they wrote, revealing the three names the like.More than three-quarters of the way through earnings season, and it is another strong showing for the"Magnificent Seven." Of the six that have already reported, only "Platinum is one step closer to gold compared with palladium from an investment standpoint. One piece of the argument may depend on a relative value rationale versus gold; XPTXAU reached a new record low in April," Hsueh said.has seen about $34 million in flows over the past month, according to FactSet. Its price has fallen 3.9% this year, compared to a gain of 11.4% for
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