Economic calendar in Asia Tuesday, 18 July 2023 – RBA July meeting minutes

<p>It's a very light data calendar in the Asia session ahead. </p><p>At 0130 GMT, 9.30pm US Eastern time, we get the minute of the RBA meeting earlier this month. The decision was on hold:</p><ul><li><a href="https://www.forexlive.com/centralbank/rba-leaves-the-cash-rate-unchanged-at-410-20230704/" target="_blank" rel="follow" data-article-link="true">RBA leaves the cash rate unchanged at 4.10%</a></li></ul><p>The minutes will be eyed for further clues on the potential for a rate hike at next month's meeting (August 1)</p><p>Since that meeting, the Australian government announced the decision not to extend the term of current governor Lowe:</p><ul><li><a href="https://www.forexlive.com/centralbank/new-rba-governor-announced-to-replace-lowe-michele-bullock-20230713/" target="_blank" rel="follow" data-article-link="true">New RBA Governor announced to replace Lowe: Michele Bullock</a></li></ul><p>And Lowe unveiled how the RBA will change in response to the review that was undertaken:</p><ul><li><a href="https://www.forexlive.com/centralbank/rbas-lowe-its-possible-there-will-be-more-rate-hikes-still-to-come-20230712/" target="_blank" rel="follow">From 2024, the board will meet eight times a year</a> (and more at that link)</li><li>Even more here: <a href="https://www.rba.gov.au/speeches/2023/sp-gov-2023-07-12.html" target="_blank" rel="nofollow">The Reserve Bank Review and Monetary Policy</a></li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.