From Investing.com: 2024-08-02 08:30:00

RBA decides to keep benchmark rate unchanged at 4.35%, debates potential 25bps hike due to slow inflation easing. Expectations for another rate hike before year-end increase after YoY inflation falls to 3.00% from 3.30%. Investors erase hike bets and anticipate 25bps reduction by December. RBA unlikely to signal rate cut, may opt for neutral stance. BoJ releases Summary of Opinions; decision to raise interest rates by 15bps well received. Yen extends rally, could gain more strength if Summary hints at further rate hikes. Fed considers September rate cut, triggers expectations for three quarter-point reductions before year-end. ISM non-manufacturing PMI data for July watched closely for economic health signals. New Zealand and Canada jobs data on tap next week; RBNZ makes dovish turn, while BoC hints at further rate cuts. Disney announces earnings on Wednesday.



Read more at Investing.com: Week Ahead – RBA And BoJ Summary Of Opinions Take Center Stage