RBA expected to leave rates unchanged – UOB

FXStreet (Barcelona) - The Research Team at UOB Group, previews the RBA’s rate decision, expecting the central bank to hold rates at 2%.

Key Quotes

“The Reserve Bank of Australia (RBA) is expected to leave the cash rate at 2.0% when it announces its latest monetary policy announcement at 12.30pm (Singapore time) later today. Any discussion in the accompanying statement of recent labour market data and trend will be closely eyed, as will any discussion of the most recent weak capex data.”