The main event on the schedule today is the Reserve Bank of Australia decision, due ay 0330 GMT / 2230 US Eastern time.
The Bank is expected to leave its cash rate unchanged. Sticky and once again rising inflation will be the prompt for the pause in the Bank’s easing cycle.
Previews:
data suggest price pressures remain sticky, keeping inflation just above the Reserve Bank of Australia’s 2–3% target band.RBA preview: “material miss” on inflation erases rate cut betsNewsquawk Week Ahead: US ISM PMIs, ADP, Supreme Court Tariff Hearing, RBA, BoE, OPEC-8Preview – RBA to hold rates as sticky inflation delays next cut to 2026 – Reuters poll
This article was written by Eamonn Sheridan at investinglive.com.