5 things to watch this Tuesday: Australia rate hike, corporate earnings, macro data

Investing.com | Author Laura Sánchez

Published Nov 07, 2023 07:25

Investing.com -

Australia has raised interest rates.
We also keep an eye on the corporate earnings season.
The Brent is down.
Cryptocurrencies are mixed this morning.

Here are the five factors that investors should consider when making their decisions today:

1. Australia raises interest rates./h2
Earlier this morning, we learned that Australia raised its interest rates by 25 basis points, from 4.10% to 4.35%. In this way, the country's central bank distances itself from the dovish strategy being implemented by the world's main central banks.

2. Corporate earnings/h2
We enter the corporate earnings season. Today Gilead (NASDAQ:GILD), Uber (NYSE:UBER), UBS (SIX:UBSG) Group and Amadeus (BME:AMA), among others, present their figures.

3. Cryptocurrencies and commodities/h2
The cryptocurrency sector remains at current levels. The Bitcoin is trading at 34,000 dollars and the Ethereum at 1,700.
Also keep an eye on the price of café de EE.UU. these days. Today it is trading at 173 dollars.
For its part, futuros del oro is currently trading at around 1,980 dollars.
https://uk.investing.com/economic-calendar/
Translated from Spanish using DeepL.

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5 things to watch this Tuesday: Australia rate hike, corporate earnings, macro data

1. Australia raises interest rates./h2 Earlier this morning, we learned that Australia raised its interest rates by 25 basis points, from 4.10% to 4.35%. In this way, the country's central bank distances itself from the dovish strategy being implemented by the world's main central banks.

2. Corporate earnings/h2 We enter the corporate earnings season. Today Gilead (NASDAQ:GILD), Uber (NYSE:UBER), UBS (SIX:UBSG) Group and Amadeus (BME:AMA), among others, present their figures.

1. Australia raises interest rates./h2
Earlier this morning, we learned that Australia raised its interest rates by 25 basis points, from 4.10% to 4.35%. In this way, the country's central bank distances itself from the dovish strategy being implemented by the world's main central banks.

2. Corporate earnings/h2
We enter the corporate earnings season. Today Gilead (NASDAQ:GILD), Uber (NYSE:UBER), UBS (SIX:UBSG) Group and Amadeus (BME:AMA), among others, present their figures.