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More from BoE’s Pill: We should not be dependent on how data turns out

Japan mulls accepting US tariff reduction, not exemption – Kyodo

Iran’s Supreme Leader Khamenei: I don’t think nuclear talks with the US will be successful

BoJ: Some members said JGB market functionality improving as a trend due to BoJ’s taper

ECB’s Schnabel: Disinflation is on track, but new shocks are posing new challenges

What are the main events for today?

So much fuss for nothing as US yields erase the downgrade rise

European indices slightly higher at the open as downgrade concerns vaporise

RBA lowers the cash rate target to 3.85% vs 4.10% prior as widely expected

Heads up: RBA monetary policy decision coming at the bottom of the hour

ForexLive Asia-Pacific FX news wrap: USD/JPY swings. PBoC cuts. RBA next.

The AUD falls on more dovish RBA forecasts