BANGKOK — Shares were mixed in Asia on Tuesday as investors watched for the latest moves by central banks, while oil prices steadied after shooting higher the day before following an announcement that major exporters plan to cut production.
Benchmarks rose in Tokyo, Shanghai, Seoul and Sydney but fell in Hong Kong and Bangkok.
The S&P/ASX 200 in Sydney edged 0.2% higher to 7,236.00 after Australia’s central bank kept its key interest rate unchanged at 3.60%
“The Board took the decision to hold interest rates steady this month to provide additional time to assess the impact of the increase in interest rates to date and the economic outlook,” the Reserve Bank of Australia said in a statement, citing the usual lag between interest rate changes and their impacts.
Shares fell in Bangkok. Markets were closed in India and Taiwan.
Regional central banks have been varying their strategies…
