
The central banks' meetings will highlight the week as well as the PPI release
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
The central banks' meetings will highlight the week as well as the PPI release
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Australia will release employment change and an unemployment rate on Thursday, November 11, at 02:30 MT (GMT+2).
News is always important part of the market. What do we expect today?
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