Economic calendar in Asia Tuesday, August 6, 2024 – RBA day

The focus of the calendar for the session ahead is the Reserve Bank of Australia meeting. The Bank is expected to leave its cash rate unchanged. The accompanying statement is expected to stick pretty much to the previous script, that the Bank remains alert to potential upside inflation risks. The data last week showing a slight softening in the rate of inflation was welcome:

• Australian Q2 core inflation +0.8% q/q (expected 1.0%)

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.