Economic calendar in Asia Tuesday, 4 July 2023, RBA day!

<p>It's a 'live' Reserve Bank of Australia meeting today, a hold or a +25bp rate hike is the question! Previews posted already:</p><ul><li><a href="https://www.forexlive.com/centralbank/anz-still-expect-a-rate-rise-from-the-rba-next-week-a-25bp-cash-rate-hike-20230628/" target="_blank" rel="follow" data-article-link="true">ANZ still expect a rate rise from the RBA next week, a +25bp cash rate hike</a><ul><li><a href="https://www.forexlive.com/news/anz-expects-25bps-rate-hike-from-rba-on-tues-and-scope-for-audnzd-rally-next-week-20230630/" target="_blank" rel="follow" data-article-link="true">ANZ expects 25bps rate hike from RBA on Tues and scope for AUD/NZD rally next week</a></li></ul></li><li><a href="https://www.forexlive.com/centralbank/after-australias-better-cpi-data-yesterday-nab-still-expect-a-july-rba-rate-hike-20230628/" target="_blank" rel="follow" data-article-link="true">After Australia's better CPI data yesterday NAB still expect a July RBA rate hike</a></li><li><a href="https://www.forexlive.com/centralbank/westpac-reaffirms-its-forecst-for-a-25bp-reserve-bank-of-australia-rate-hike-on-july-4-20230630/" target="_blank" rel="follow" data-article-link="true">Westpac reaffirms its forecst for a 25bp Reserve Bank of Australia rate hike on July 4</a></li></ul><ul><li><a href="https://www.forexlive.com/centralbank/only-one-of-australia-big-four-banks-expects-the-rba-cash-rate-to-remain-on-hold-this-week-20230702/" target="_blank" rel="follow" data-article-link="true">Only one of Australia big four banks expects the RBA cash rate to remain on hold this week</a></li></ul><p>Apart from the RBA the NZ business survey will be of interest (to the NZD traders at least!). Says BNZ on the release:</p><ul><li> the NZ QSBO, expected to show a lift in confidence and activity indicators, as per the recent monthly readings of the ANZ survey. The value-add of the release will be the indicators on capacity pressures, expected to show a monetary policy-friendly fall, with businesses indicating they are seeing it much easier to find labour after the surge in net migration.</li></ul><p>more to come </p>

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

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *