RTRS Poll: RBA to keep rates on-hold next week

The latest Reuters poll of economists showed that a majority of them expect RBA to keep its monetary policy steady at its May 2 policy meeting.

Key findings from the survey:

65/65 economists say there will be no change to RBA policy at the 2nd May meeting

Majority see a steady rate outlook over the next 12 months

23/56 see the RBA hiking by mid-2018. 4 see a cut

Germany Retail Sales (MoM) came in at 0.1%, above forecasts (-0.3%) in March

Germany Retail Sales (MoM) came in at 0.1%, above forecasts (-0.3%) in March
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EUR/GBP struggling near weekly lows ahead of EZ CPI and UK GDP

The EUR/GBP cross well-offered for the third consecutive session and is currently placed at fresh weekly lows near 0.8415 region. Spot extended its r
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