
Oil prices are rising and Russia banned the export of its petrol. What's happening in the markets?
The Reserve Bank of Australia (RBA) will hold a meeting and announce changes to the monetary policy on August 3, at 07:30 MT time (GMT+3). While we don’t expect any changes to the interest rate that is currently held at 0.1%, the statement itself may be interesting. The main focus will be on the yearly outlook by the bank given surging inflation (3.8% in the 2nd quarter) and the coronavirus situation in Australia.
It’s highly important to follow the statement that may contain changes to the bank’s monetary policy.
Instruments to trade: AUD/USD, AUD/JPY, AUD/NZD
Oil prices are rising and Russia banned the export of its petrol. What's happening in the markets?
Hello, and welcome to the last week of August. We found the best news and collected the most impactful events for you to stay on the top of the market. Let’s go!
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