The minutes can be read in full at the RBA website.
Interest rates are at an appropriate level but have scope for adjustment if necessary. As expected and the AUD/USD is unchanged.
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RBA minutes contain no surprises
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Germany April flash manufacturing PMI 51.2 vs 51.4 expected
- France April flash services PMI 46.5 vs 48.5 expected
- France April business confidence 94 vs 96 expected
- What are the main events for today?
- FX option expiries for 23 April 10am New York cut
- The fragile optimism in markets hangs in the balance
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