If you need a heads up.
- The current cash rate target is 1.75%
- 20 of 25 economists polled by Bloomberg expect a cut (prior to the Q2 CPI release last week, 24 of 25 had been expecting a cut. 4 have thus changed sides, citing inflation being at the RBA target and the bank will therefore not move today)
- The latest OIS pricing I have seen puts the probability of a cut today at 70%, up from 64% earlier today
- Preview
- Australian Treasurer Morrison wants an RBA rate cut today
- Trading The RBA - Views From 10 Major Banks
- NAB expects the Reserve Bank of Australia to stay on hold today
- MNI on the RBA today - house view is for a cut
- What's in store for AUDUSD as we head towards the RBA?
- RBA to disappoint and AUDUSD will go above 0.80
- Reserve Bank of Australia meeting - here comes another cut!
And via Business Insider
