Reserve Bank of Australia Governor Bullock is speaking Wednesday, Sydney morning

Reserve Bank of Australia Governor Bullock and Assistant Governor (Financial Markets) Kent will appear before the Australian parliament on Wednesday, 5 June 2024

• before the Senate Economics Legislation Committee
• at 9am Sydney time
• this is 2300 GMT and 1900 US Eastern time

Bullock and Kent will speak on both the economy and policy.

The Reserve Bank of Australia next meet on 17 – 18 June. The Bank is expected to leave its cash rate unchanged at this meeting.

Tomorrow we get Q1 economic growth data from Australia. Its expected to be very weak:

• AUD/USD lower after the soft Australian data
• Australia Q1 GDP report due Wednesday, expected to remain very weak

Reserve Bank of Australia Governor Bullock

This article was written by Eamonn Sheridan at www.forexlive.com.