Free Trial

What To Watch

RBA

Just under 10 minutes until the RBA decision.

  • A quick reminder that we lean with the market consensus, which looks for a 15bp rate hike today.
  • The RBA will likely announce a passive run off of the bonds held on its balance sheet under the schemes deployed after the outbreak of COVID.
  • A post-meeting press conference could be called, particularly if the RBA does hike.
  • Guidance re: the velocity of subsequent hikes (assuming the RBA does hike today) will be eyed, given the lack of communique on this front to date.
  • Our full preview of the decision can be found here.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.