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*** RBA meeting minutes from the Bank's July....>

RBA
RBA: *** RBA meeting minutes from the Bank's July MonPol decision are due at the
bottom of the hour. Focus will likely fall on language re: funding markets. In
the statement that accompanied July's decision the RBA noted that "in Australia,
short-term wholesale interest rates have increased over recent months. This is
partly due to developments in the United States, but there are other factors at
work as well. It remains to be seen the extent to which these factors persist." 
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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