No change. There, how's that for a quick Reserve Bank of Australia preview?

OK then ... here's some more

  • The RBA cut its cash rate in May and again last month
  • At the September meeting (Tuesday 6 September 2016, announcement due at 0330GMT) its a near certainty rates will be left unchanged
  • The RBA is still leaning to the dovish side, inflation forecasts from the bank are still below the target band and there is recognition that while GDP growth is positive it could be stronger if rates were lower still (I reckon lower rates are being held back if further 'ammo' is required)

Speaking of GDP growth, we get Q2 GDP a day after the RBA meeting. I'll do more of a preview for this data, but in brief:

  • Data due at 0130GMT on Wednesday 7 September
  • Bloomberg consensus median is +0.4% q/q and +3.2% y/y (priors +1.1% and +3.1% respectively)