Analysts at National Australia Bank (NAB) offer a detailed preview of the Australian Q1 CPI data due on the cards tomorrow at 0130 GMT. Key Quotes: “The latest RBA Minutes outline the conditions that would see a cut to the cash rate: (1) inflation disappoints. and (2) unemployment trends up. “¦ We expect core inflation to weaken in Q1, meeting part (1) of the Board’s criteria. According to the RBA’s latest forecast (from February), it expects trimmed mean inflation to stay at 1.8% y/y in Q2 2019 – needing a print of at least 0.5% q/q in Q1. As such, we expect that a 0.4% q/q (1.7% y/y) outcome would force the RBA to, once again, push out its expected return to target, by half a year, to June 2020. If achieved, that would mean 4.5 years outside the RBA’s 2-3% target. Q1 headline CPI seen at 0.2% q/q q while trimmed mean at 0.4% q/q, 1.7% y/y.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Forex Weekly Outlook April 22-26 – All eyes on US GDP Yohay Elam 4 years Analysts at National Australia Bank (NAB) offer a detailed preview of the Australian Q1 CPI data due on the cards tomorrow at 0130 GMT. Key Quotes: "The latest RBA Minutes outline the conditions that would see a cut to the cash rate: (1) inflation disappoints. and (2) unemployment trends up. "¦ We expect core inflation to weaken in Q1, meeting part (1) of the Board's criteria. According to the RBA's latest forecast (from February), it expects trimmed mean inflation to stay at 1.8% y/y in Q2 2019 - needing a print of at least 0.5% q/q… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.