Economic calendar in Asia Tuesday, April 1, 2025 – RBA decision & China manufacturing PMI

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 tone

• Poll shows expectations are for the Reserve Bank of Australia to stay on hold
• Westpac sees April RBA meeting as ‘dead rubber’, still eyes May rate cut
• Goldman Sachs moves its RBA rate cut forecast from April to May

For a normative take:

• Reserve Bank of Australia should cut now – “Global Economic Outlook Goes Into a Tailspin”

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.