Asianshares edge up but growth worries cap gains

Australian shares were up 0.24% ahead of the expected interest rate cut by the Reserve Bank of Australia, as the bank hopes to revive growth.

Shares in Asia inched higher and safe-haven assets gave up some overnight gains on Tuesday, as investors paused for breath after a volatile Wall Street session, but deeper concerns about growth have capped broader improvements in risk sentiment.

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Posted in: Indian Market Tips