Analysts at Westpac notes that the RBA releases its quarterly Statement on Monetary Policy at 11:30am Syd/8:30am Sing/HK. Key Quotes: “The statement on Tuesday indicated that they have raised their growth forecasts (3.5% for 2018 and 2019) and reduced their unemployment rate forecasts (4.75% by 2020). Inflation forecasts might be a touch higher. Further detail and explanation of these changes will be in the SoMP as well as the risks around the outlook. Due at the same time is Australia Sep housing finance approvals. Industry data indicates 1%mth on loans to owner-occupiers but there will be interest again in the value of the struggling investor segment. China releases Oct consumer and producer price data at 12:30pm Syd/9:30am local. Consensus is 2.5%yr on CPI, 3.3%yr on PPI, neither on the policy radar. The UK data calendar is very notable. Preliminary Q3 GDP is seen picking up to 0.6%qtr, 1.5%yr, from just 0.4%, 1.2% in Q2. We will also see Sep data on industrial production and construction output. The US data calendar is second-tier – preliminary November consumer sentiment from the University of Michigan, Oct PPI and revised Sep wholesale sales & inventories, which might prompt slight tweaks of GDP estimates.” 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 S&P500 Technical Analysis: US stocks holding on to the 2800.00 level FX Street 4 years Analysts at Westpac notes that the RBA releases its quarterly Statement on Monetary Policy at 11:30am Syd/8:30am Sing/HK. Key Quotes: "The statement on Tuesday indicated that they have raised their growth forecasts (3.5% for 2018 and 2019) and reduced their unemployment rate forecasts (4.75% by 2020). Inflation forecasts might be a touch higher. Further detail and explanation of these changes will be in the SoMP as well as the risks around the outlook. Due at the same time is Australia Sep housing finance approvals. Industry data indicates 1%mth on loans to owner-occupiers but there will be interest again in… 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.