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Equities in Asia are mixed with RBA slated to disclose interest rate views
On Tuesday, Asian equities showed mixed performance, reacting to renewed tensions closely connected with North Korean recent nuclear tests.
Japan's Nikkei 225 went down 0.71% on a stronger yen. At the same time the Kospi slumped 0.21%.
Meanwhile, in Australia, firm current account data as well as a good outcome for the China Caixin services PMI didn’t manage to raise the S&P/ASX 200 that dived 0.20%.
Japanese car makers were quite mixed notwithstanding posting sturdy August sales in China. Additionally, in August Toyota sales grew 13.2% versus last year.
Tensions on the Korean Peninsula were still in the spotlight even as financial markets recovered moderately.
The Shanghai Composite edged up 0.20%, the Hang Seng index soared 0.22% in Hong Kong.
In Australia, the RBA interest rate decision is believed to see the key financial institution hold steady at 1.50%, which is a record low.
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ECB report is in focus
The European Central Bank will publish the monetary policy statement with the interest rate decision on January 21, at 14:45 MT time.
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How to trade ahead and after BOC report?
The Canadian central bank will make a monetary policy report and announce interest rates on Wednesday, January 20, at 17:00 MT time. Also, the BOC press conference will be held later.
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