AUD

Aussie slips as the RBA presses the pause button

• Those hoping for a 25 bps rate hike today were disappointed

Reserve Bank of Australia policy decision & statement due the bottom of the hour - preview

Reserve Bank of Australia policy decision still to come, an 'on hold' preview

Australian weekly consumer confidence survey 74.1 (prior 74.9)

• Australian consumer sentiment remains deeply pessimistic.

AUDUSD traders using moving averages to define boundaries today

• 200 hour moving average, 200 day moving average, and 100 day moving average all tested

Australia trade minister expects more announcements on improving trade with China soon

Australia ANZ-Indeed Australian Job Ads fell 2.5% m/m in June (prior +0.1%)

Australian May Building permits +20.6% m/m (expected +2.0%)

Australian housing finance data for May 2023 rises

Australian private survey inflation gauge for June headline is +0.1% m/m vs. 0.9% prior

Australia June final Manufacturing PMI 48.2 (flash was 48.6, prior 48.4)

A free trade deal between Australia and the European Union is “still a fair way off”

Only one of Australia big four banks expects the RBA cash rate to remain on hold this week

Newsquawk Week Ahead: Highlights include NFP, FOMC Minutes, US ISMs, RBA

• Next week's highlights include the US Nonfarm Payrolls, FOMC Minutes, US Manufacturing and Services ISMs, the RBA rate decision as well as the Canada jobs report

ANZ expects 25bps rate hike from RBA on Tues and scope for AUD/NZD rally next week

• ANZ foresees RBA rate hike sparking Aussie dollar rally, NZD to face heat