Expectations for anything of much interest from the Reserve Bank of Australia today are very low indeed
- The decision will be on hold
- Attention will turn to the statement from the Governor
- There is no press conference (there never is in case you joining in for the first time)
Previews posted earlier from some the banks:
- Heads up for AUD traders - RBA announcement coming up today Asia time
- Tuesday is RBA day - here is a preview
- RBA meeting Tuesday November 6, preview
What will attract more attention is the big horse race in Australia today, the Melbourne Cup. It does impact on the market (seriously):
