Coming up from the Reserve Bank of Australia at 0130 GMT is latest Financial Stability Review. What's that? ... Read on, direct from the RBA itself:
- The Financial Stability Review provides the Bank's assessment of the current condition of the financial system and potential risks to financial stability. It contains a number of boxes on topics of special interest, along with occasional articles. The Review is issued half-yearly.
Its been a very busy week for RBA communications. On Tuesday we had a pivot to less dovish, more hawkish. This caught a few market analysts by surprise and has prompted further dragging forward of lift-off rate expectations. For example:
June is consensus now.
Otherwise, the data agenda is fairly sparse:
This snapshot from the ForexLive economic data calendar, access it here.
The times in the left-most column are GMT.
The numbers in the right-most column are the 'prior' (previous month) result.
The number in the column next to that, where is a number, is what is the consensus median expected.
