Live updates: RBA tipped to keep interest rates on hold at 4.35pc, ASX flat despite gains from miners on higher commodity prices, Wall Street advancesThe Australian share market is trading flat on Tuesday as investors await the outcome of the Reserve Bank's latest interest rates meeting.
The new flagship chip is called the B200, and "takes two squares of silicon the size of the company's previous offering and binds them together into a single component", according to Reuters. We're still a few hours away from hearing what the RBA has decided to do with interest rates, but there's still plenty of news out there to help us pass the time.Japan's central bank is also set to deliver its decision on interest rates today, with some economists expecting that Japan might finally lift rates out of the negative territory.
"A move away from NIRP is important from a psychological perspective, but to get the Japanese yield curve pumping and USDJPY re-targeting 146.50, we need to believe this hike is not a one-and-done move. We are also on the lookout for an announcement for a formal end to YCC and changes to the purchase rate on JGB and ETF purchases.
The Australian share market has opened marginally higher, with education and energy stocks leading the gains.Industrial and financial sectors are losing ground. It says each Boral director on the board who holds Boral shares intends to reject the offer in relation to their Boral shares. "We encourage shareholders to remain with Boral and fully participate in the future value available through continued direct ownership of Boral."The argument for re-examining the merits of nuclear power in Australia has been countered with concerns about the high cost of building the plants.
Google's parent Alphabet provided a sizeable boost to the market after a media report that Apple is in talks to build Google's Gemini AI engine into the iPhone.