RBA to make 'no change' to the cash rate target – Bloomberg poll

According to the latest Bloomberg poll, the Reserve Bank of Australia (RBA) is expected to keep rates on-hold at its policy meeting tomorrow.

Key findings:

24 economists/analysts surveyed

10 are calling the RBA to cut tomorrow

14 are calling 'no change' to the cash rate target

Japan drags Asian markets in the red, stronger Yen weighs

The risk-off moods hit the Asian markets at the start of a brand new week, with most major Asian indices witnessing bearish opening, particularly the Nikkei 225 index. While sluggish manufacturing activity reports from China released over the weekend also weighed negatively on the markets.
Mehr darüber lesen Previous

EUR/USD eases-off fresh 2016 highs, focus on PMIs, Draghi

The risk conditions improved over the last hours and weighed somewhat on the safe-haven euro, dragging EUR/USD lower from fresh multi-month tops.
Mehr darüber lesen Next