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3 Aug 2015
RBA meeting on the spotlight – TDS
FXStreet (Edinburgh) - Strategist Richard Kelly at TD Securities gives his views on the RBA meeting due tomorrow.
Key Quotes
“We expect a placeholder communique, a near-repeat of June/July with a comment on about GDP/CPI projections and the recent, welcome lift in investment mortgage rates”.
“This would save the broader discussion for the SoMP at the end of the week, where CPI and GDP should be upgraded on the substantial AUD drop”.
Key Quotes
“We expect a placeholder communique, a near-repeat of June/July with a comment on about GDP/CPI projections and the recent, welcome lift in investment mortgage rates”.
“This would save the broader discussion for the SoMP at the end of the week, where CPI and GDP should be upgraded on the substantial AUD drop”.