- 11.30am AUD Aussie Retail Sales & Current Account data
- 12.00pm CNY Non Manufacturing PMI
- 2.30pm AUD Australian RBA Interest Rate Decision
- 8.30pm EUR UK PMI data
At
2.30pm Sydney time today it is my view and most leading economists view that
the RBA will leave the cash rate at 2.5% but I do believe they will once again
try and talk the Aussie down. The economy is simply not strong enough with the
Aussie perched above 0.90c and this will give the RBA another chance to kick it
lower, so I expect a statement that reflects this view.
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