ACGBs (YM +1.0 & XM +1.0) are mildly stronger after a subdued session of trading. * The June mercha...
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The RBA has left rates unchanged in a surprise decision. The AUD went into the Meeting trading around 0.6510 and quickly moved to 0.6550 on this as the market was almost fully priced for a cut.*RBA: JUDGED RISKS TO INFLATION HAVE BECOME ‘MORE BALANCED’ - BBG
The RBA left rates on hold, against wide spread expectations of another 25bps cut. This leaves the policy rate at 3.85%. More details to follow