RBA
The RBA decision is due at the bottom of the hour.
The mode in global central banks has to been to shift to a neutral stance from outright hawkishness. Will the RBA do the same?
Right now there is only a minimum chance of a price hiked in today but that gradually rises to 50/50 at the June 18 meeting and a cut is nearly fully priced for August 6. Today’s decision includes the RBA statement and the Statement on Monetary Policy, which will include new economic projections.