🚨 GGMA Markets Briefing: Asian Chip Stocks Slide as RBA Hikes and Signals a Pause 🇦🇺 The RBA raised its cash rate to 4.85%, an 18-year high, in a split vote, and Governor Bullock signalled a pause. 📉 Asian chip stocks slid after the Nasdaq 100 entered a correction, led by South Korea's Kospi. 🇨🇳 The yuan ended its longest winning streak since 1996 after the PBOC raised the foreign-exchange reserve ratio. 🛢️ Oil steadied after Monday's sharp drop on hopes of US-Iran talks. 🇺🇸 Americans vote in the midterm elections, with control of Congress at stake. Today's Macro Roadmap: Swiss CPI is due at 08:30 CET, US JOLTS job openings follow at 16:00 CET, New Zealand's labour market report is out at 22:45 CET, and the first US midterm polls close at midnight CET. Try GGMA free for 30 days, no credit card needed: Read the full article on our website for free: