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RBA Monetary Policy Statement

The RBA Monetary Policy Statement released by the Reserve bank of Australia reviews economic and financial conditions, determines the appropriate stance of monetary policy and assesses the risks to its long-run goals of price stability and sustainable economic growth. It is considered as a clear guide to the future RBA interest rate policy. Any changes in this report affect the AUD volatility. If the RBA statement shows a hawkish outlook, that is seen as positive (or bullish) for the AUD, while a dovish outlook is seen as negatvie (or bearish).

Most recent - Friday 10 November 2023 00:30

Trading range

Past events

Date
Friday 10 November 2023 00:30
Friday 4 August 2023 01:30
Friday 5 May 2023 01:30
Friday 10 February 2023 00:30
Friday 4 November 2022 00:30
Friday 5 August 2022 01:30
Friday 6 May 2022 01:30
Friday 4 February 2022 00:30
Friday 5 November 2021 00:30
Friday 6 August 2021 01:30
Friday 7 May 2021 01:30
Friday 5 February 2021 00:30

Economic context

Recent economic data has been moderately bearish for AUD. The following recent announcements may affect the market reaction to RBA Monetary Policy Statement:

PreviousLatest
Building Permits (MoM)Bullish change-4%7.5%
Exports (MoM)Bullish change-1%0.4%
Imports (MoM)Bearish change8%-1.9%
Trade Balance (MoM)Bullish change6184M7129M
Gross Domestic Product (QoQ)Bearish change0.4%0.2%
Gross Domestic Product (YoY)Bullish change2%2.1%
AiG Industry IndexBearish change-9.9-22.4
RBA Interest Rate Decision(no change)4.35%4.35%
Judo Bank Composite PMIBearish change46.446.2
Judo Bank Services PMIBearish change46.346
Private Capital ExpenditureBearish change3.4%0.6%
Retail Sales s.a. (MoM)Bearish change0.9%-0.2%

About RBA Monetary Policy Statement

Country:Australia
Currency:AUD
Source:Reserve Bank of Australia
Category:Central Banks
Frequency:Weekly/week-based

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