The Reserve Bank of Australia is expected to leave its cash rate on hold today:
CBA expects RBA on hold this week, with a more dovish tonePoll shows expectations are for the Reserve Bank of Australia to stay on holdWestpac sees April RBA meeting as ‘dead rubber’, still eyes May rate cutGoldman Sachs moves its RBA rate cut forecast from April to MayFor a normative take:
Prior to the RBA is another PMI from China. The Caixin Manufacturing PMI is expected to show improvement, as the official one did in March:
China March official Manufacturing PMI 50.5 (expected of 50.5)This snapshot from the ForexLive economic data calendar, access it here.
The times in the left-most column are GMT.
The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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