Asia-Pacific stocks are in positive territory, with Japanese stocks making a profit; The RBA is waiting

Japan + 2.49%.

China + 0.07%.

Hong Kong + 1.67%

Australia + 1.41%. Data for Australia – weekly consumer confidence + 1.6% after -7.6% from the previous week.

RBA Gov. Lowe says it will discuss raising interest rates by 25 or 50 basis points at a meeting in July (July 5).

The Governor of the Reserve Bank of Australia, Philip Lowe said in a speech that he expects inflation in Australia to peak at around 7% by the end of the year, as pandemic-related supply chain disruptions are resolved.

Lowe said tightening monetary policy and raising interest rates globally will work together to reduce inflation by balancing supply and demand.

India + 1.42%.

South Korean exports + 11% y / y (first 20 days of June).

Consumer confidence in New Zealand Q2 falls to 78.7 from 92.1 in Q1.

Oil prices were higher this morning by an international standard Crude Brent futures rose 1.27% to $ 115.58 a barrel. American crude oil futures also rose 2.24% to $ 112.01 a barrel.

US futures are higher. Dow Jones + 1.40%; S&P 500 + 1.54%; Nasdaq + 1.67%.

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