Economic calendar in Asia Tuesday, 4 July 2023, RBA day!

It’s a ‘live’ Reserve Bank of Australia meeting today, a hold or a +25bp rate hike is the question! Previews posted already:

Apart from the RBA the NZ business survey will be of interest (to the NZD traders at least!). Says BNZ on the release:

  • the NZ QSBO, expected to show a lift in confidence and activity indicators, as per the recent monthly readings of the ANZ survey. The value-add of the release will be the indicators on capacity pressures, expected to show a monetary policy-friendly fall, with businesses indicating they are seeing it much easier to find labour after the surge in net migration.

more to come

This article was written by Eamonn Sheridan at Source