The
focus for the Asia session is yet to come, with the RBA decision and
Governor Lowe’s accompanying statement due at 2.30pm local time
(0430 GMT and 0030 US Eastern time). While the consensus is for an
unchanged cash rate this is very much a ‘live’ meeting with
another rate hike possible.

ICYMI,
previews:

And Greg has the AUD techs here:

AUD/USD
has spent the day tightly rangebound, as has much of major FX.

News
flow has been very light indeed. Data has been from New Zealand,
Japan and Australia, none of which has shifted around major rates too
much.

Asian
equity markets:

  • Japan’s Nikkei 225 +0.3%

  • China’s Shanghai Composite +0.2%

  • Hong Kong’s Hang Seng +0.9%

  • South Korea’s KOSPI +0.5%

  • Australia’s S&P/ASX 200 -0.5%

AUD/USD is going towards the Reserve Bank of Australia announcement fairly flat on the session: