Tomorrow morning, we have the RBA decision on the Australian cash rate (interest rate) with expectation for rates to be kept on hold. We’ll look towards the sentiment of the accompanying statement.
In previous statements, the RBA had signaled an intention to increase rates in 2018, but current expections have become more dovish, with rates likely to be held at 1.50% for the year.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.