The meeting will begin at 0000 GMT See here for global coronavirus case data The central bank is likely to announce a new scheme to facilitate funding for banks to extend to small businesses that have been hit by the fallout from the coronavirus outbreak.
Blogs
RBA Gov Lowe says that without a COVID-19 medical breakthrough the economic recovery will be slow
Reserve Bank of Australia Governor Lowe – confidence is very fragile, restoring it is key – not appropriate to tighten monetary policy until we have robust growth Earlier comments:
RBA Gov. Lowe says remain prepared to scale up bond purchases again if necessary
Nothing specific from Reserve Bank of Australia Governor Lowe, just a mixture of pep talk and general observation. Meanwhile, AUD continues its dribble lower for the session.
Heads up for RBA Governor Lowe speaking – and live link
Reserve Bank of Australia Governor Philip Lowe on a panel at FINSIA's "The Regulators" Webinar Here is t. I very much doubt we'll get too much of note on his view for the economy or policy.
PBOC sets USD/ CNY reference rate for today at 7.0868 (vs. yesterday at 7.0956)
People's Bank of China – PBOC to skip OMOS today See here for global coronavirus case data
Westpac forecast the RBNZ will take the NZ cash rate negative (next year)
Reserve Bank of New Zealand OCR will go negative in April of 2021 is the updated projection from WPAC. WPAC had forecast a move to minus in November of this year
RBNZ Chief Economist Yuong Ha speaking – live link – OCR on hold until March 2021
Reserve Bank of New Zealand Chief Economist Ha speaking in a webinar: – Monetary Policy Statement Explained: Q&A with RBNZ Chief Economist to watch live if you wish
Simple but effective risk management technique
All about risk competence Want to manage risk effectively? to learn more. See here for global coronavirus case data
How real interest rates impact gold prices
Gold prices Checkout ForexSource.co See here for global coronavirus case data
Which fundamental factors to look at each week?
Weekly analysis Looking to conduct fundamental analysis on the weekend? to learn more. See here for global coronavirus case data