Iron ore heads for second quarterly rise on China demand hopes By Enrico Dela Cruz March 31 (Reuters) - Dalian and Singapore iron ore futures rose on Friday, and stayed on track for second straight quarterly gains on expectations of improved steel demand in China in the second quarter, with tight supply concerns adding support. The steelmaking ingredient has rebounded from October lows, as the lifting of the zero-COVID policy and supportive measures for the struggling property sector in China br
Australian shares set to snap 7 weekly losses on boost from miners, gold stocks March 30 (Reuters) - Australian shares hit a three-week high on Friday and were on track to snap a seven-week losing streak, as mining stocks jumped on firmer commodity prices. The S&P/ASX 200 index .AXJO was up 0.6% at 7,167.5 points by 0020 GMT. The benchmark has risen over 3% so far this week, and is set to post its biggest weekly jump since November 2022. Mining shares .AXMM gained 2% to hit three-week high.
BRIEF-NAB Introduces More Proactive Prompts To Digital Banking March 31 (Reuters) - National Australia Bank Ltd NAB.AX : INTRODUCES MORE PROACTIVE PROMPTS TO DIGITAL BANKING TO HELP CUSTOMERS IDENTIFY POTENTIAL SCAMS, AMONG OTHERS Further company coverage: NAB.AX
POLL-RBNZ to downshift to 25 bps increase in April as tightening nears an end reuters://realtime/verb=Open/url=cpurl%3A%2F%2Fapps.cp.%2FApps%2Fcb-polls%3FRIC%3DNZINTR%253DECI poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=NZGDPAP GDP poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=NZINFAP inflation poll data Reuters Poll graphic on New Zealand monetary policy and economy outlook: https://tmsnrt.rs/3nzB2Md By Devayani Sathyan BENGAL
Australia shares end at near three-week high as miners, banks rally Benchmark logs fourth straight day of gains Miners, banks top boosts Analysts at top banks split on RBA rate decision Updates to close By Poonam Behura March 30 (Reuters) - Australian shares rallied 1% to finish at a near three-week high on Thursday, as outlook from U.S. firms improved and banking crisis worries eased, while domestic inflation data boosted hopes of a pause from further rate hikes by the central bank.
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