The Traderszone Network

Published in TZ Latest News 1 August, 2016 by The TZ Newswire Staff

AUD traders – heads up for the RBA announcement, due at 0430GMT

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)