We get Reserve Bank of Australia minutes for the June meeting today, coming up at 0130GMT on Tuesday 19 June 2018
- And then we get a speech from RBA Governor Lowe the following day, Wednesday 20 June 2018 at 1330GMT
I had earlier comments on these events
More now, again a quickie, this time from TD:
- The RBA's June statement was a repeat of May, with dovish talk of shrinking credit growth and hawkish tilt of declining average mortgage rates. The policy panel could generate headlines as Governor Lowe goes head to head with tightening Fed and tapering ECB. He could bring out the theme that RBA didn't cut to the bone, so no need for 'catch-up' tightening just now.
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I gotta feeling today could be a long day ….
ps. China and Hong Kong are back from their holiday Monday, so there is that.