Analysts a Westpac noted that Much has happened since the RBA Board’s last meeting 2 months ago, including Australia’s poor Q3 GDP data, 2 firm jobs report, devastating bushfires and the Wuhan coronavirus. Key quotes Westpac expects a steady cash rate at 0.75% after today’s meeting (2:30pm Syd/11:30am Sing/HK), having changed our view after the drop in unemployment in Dec. This is also economists’ consensus view, though market pricing for a cut has ticked back up from about 10% after Q4 CPI data last week to 20% chance in response to market turmoil on the novel coronavirus. 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 Data pulses: Modest improvements in Europe and strong from USA – ANZ FX Street 2 years Analysts a Westpac noted that Much has happened since the RBA Board’s last meeting 2 months ago, including Australia’s poor Q3 GDP data, 2 firm jobs report, devastating bushfires and the Wuhan coronavirus. Key quotes Westpac expects a steady cash rate at 0.75% after today’s meeting (2:30pm Syd/11:30am Sing/HK), having changed our view after the drop in unemployment in Dec. This is also economists’ consensus view, though market pricing for a cut has ticked back up from about 10% after Q4 CPI data last week to 20% chance in response to market turmoil on the novel coronavirus. 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.
