SINGAPORE: Asian stocks slipped to three-week lows and Hong Kong's unloved Hang Seng index slumped to a one-year trough on Tuesday while bonds and the dollar steadied as investors tempered expectations for cuts to U.S. interest rates and waited on U.S. jobs data.
The Australian dollar fell 0.6% after the central bank left interest rates on hold, as expected, and emphasised that the future direction rates would depend on data.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
