I posted up a preview of the RBA Minutes due today (at 0130GMT) here
NAB's preview (in brief):
- These usually draw a lot of market attention, the market looking for additional detail about the Bank's thinking on the economy and monetary policy leaning
- In this mid quarter month, the post - Board Media Release has already been followed by the August Statement on Monetary Policy with its forecasts and 71 page s of international and domestic developments , and recent speeches by top officials
- We will be on the lookout for any clues in the Minutes , but more than likely , any such potential nuggets will be few and far between
- The market is continuing to price in the 70 - 75% possibility of an easing over the next nine to 12 months
