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Canadian inflation continues to ease, moving closer to the Bank of Canada's target

Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

U.S. Consumer Confidence falls in September

Reserve Bank of India likely to stand pat in December

Australian private new capital expenditure likely fell further in Q3 2020 - ANZ

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

U.S. durable goods orders sustain robust growth

U.S. House prices increase slightly in July

Bank Indonesia keeps key interest rate on hold at 3.75 pct

U.S. personal income and spending rose less than expected in August

U.S. existing home sales decline in August

U.S. weekly jobless claims unexpectedly decrease

Canada's economy shows growth in July, but growth stalled in

U.S. Q3 economic growth unrevised in second estimate

Malaysian headline inflation falls further in October, likely to remain negative in 2020

U.S. existing home sales rise above expectations in October

Swiss franc likely to gradually depreciate against euro in coming months

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Market split on RBA decision

Tuesday, March 3, 2015 2:12 AM UTC

For the RBA meeting today the market is split on whether the Bank will cut the policy rate.
RBC is calling for the board to leave the cash rate at 2.25%, leaving more time to digest the impact of the February easing.
So far, data have been soft, but in line with remarks in the Statement on Monetary Policy.
With 12bps of cuts priced-in for today's meeting and 18/29 economists calling for a cut, a decision to hold rates steady should be AUD-positive.

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Market split on RBA decision

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