An article in the Australian Financial Review says RBA tipped to cut rates in June on China woes, low oil price

Link to full piece is here

In summary:

  • Market contagion from China and worrying low oil prices are expected to weigh on the bank's decision
  • Citibank indicating the market has priced in a 100 per cent probability of a cut at the June meeting ... up from 50 per cent late last year

ANZ's Justin Fabo:

  • " ... risks around monetary policy are still tilted towards further easing rather than tightening
  • "There's a lot of noise happening in markets at the moment so that's put downward pressure on market interest rates
  • "But things here are looking better on the domestic side, momentum in the economy is still good so the risks are skewed towards later in the year

More at the link, above (may be gated)