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5 Things to Watch: Australian Rates Rise By Investing.com

© Reuters.

Investing.com – As we await a major interest rate decision from the Fed and ECB next week, we are looking forward to the next few weeks. Today we will be notified of other central bank decisions. Australia revealed today that it will raise rates.

We will focus on PMI data from the European construction sector.

a move in negative territory

Crypto dropped sharply.

Here are five factors that investors need to keep an eye on:

1. Australia raises interest rates to surprise investors

Not as the market expected The Reserve Bank of Australia rose 25 points this morning from 3.85% the previous day to 4.10%.

Other central banks are also not expected to raise interest rates this week. But Australia’s twists and turns are back.

2. Construction PMI

We will focus on macro data this Tuesday, such as PMI construction in , , , and .

3. Crypto Collapse

The cryptocurrency sector traded lower this morning, trading at $25,000 and sitting at $1,800.

4. Asian and American stock markets

The main Asian indices were up 0.7%, Hong Kong was up 0.6% and down 0.1%.

As for Wall Street, markets closed yesterday in negative territory. The S&P 500 was down -0.2%, down -0.09% and down -0.5%.

5. Macro data

in the macroeconomic sector in Europe and

In the United States, we will know a

Keep track of economic events on our economic calendar: https://th.investing.com/economic-calendar/