Australian weekly consumer confidence survey fell to 85.1 (prior 86.7) ...Middle East

ANZ-Roy Morgan Australian Consumer Confidence index for the week, comes in at 85.1

Perhaps the incoming RBA rate cut today will cheers folks up?

The Reserve Bank of Australia Statement is due at 2.30pm local time on the 18th:

Reserve Bank of Australia Governor Bullock will hold her press conference an hour later.

The RBA rate cutting cycle hasn't begun yet. Today's the day! Well, that's my call, which is a consensus one. Its not unanimous but it's a widely held forecast.

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