RBA cut its cash rate to 3.25%

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Source: Nasdaq
The Reserve Bank of Australia unexpectedly cut its benchmark rate for the first time since June at its October policy meeting, stating a decline in commodity prices and signs that the nation's mining investment boom fades as the main reasons. The RBA has decided to cut the interest rate by 25 basis points or 0.25% to 3.25%, the level last seen in October 2009. 
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Tue, 02 Oct 2012 08:21:45 GMT

China's inflation probably fell in September

China's inflation probably fell below 2% in September amid easing vegetable prices, according to analysts' estimation. The CPI data will be released on October 9. According to the Ministry of Agriculture, the wholesale price index of agricultural produce fell to 191.44 points in September, down 11.89% from August. 

Tue, 02 Oct 2012 08:10:41 GMT

Asian stocks rise on positive U.S. factory data

Asian stocks advanced after U.S. manufacturing unexpectedly increased and the Fed Chairman Ben S. Bernanke pledged to continue record stimulus, improving the outlook for exporters. The MSCI Asia Pacific Index rose 0.3% to 122.27. Australia's S&P/ASX 200 Index jumped 0.9% and New Zealand's NZX 50 Index advanced 1.1%. Japan's Nikkei 225 Stock Average gained 0.2% and South Korea's Kospi Index

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