Important news from Australia on trade balance and interest rates in the Asian session

Today the most important news in the Asian session come from Australia, while awaiting the results of the decision of the RBA for interest rates. A little earlier will become clear and the trade balance of the country.

At 1:50 will Hunt for changes in the levels of monetary base in Japan, where it is expected to increase 40.1% to 38.2% for the previous reporting period.

At 0200 will turn to the index in the prices of goods from New Zealand, and changes in values of -4.4% is expected.

At 2:30 investors will pay attention to data on the level of the trade balance in Australia, according to analysts will see increases to -0.850 billion. AUD, compared to -0.925 billion. AUD for the previous reporting period. At the same time expected and building permits in the country, is forecast to fall -5.0% to 7.5% for the previous period, and if the data justify possible to see a decrease in AUD.

At 5:30 we will focus our attention to the RBA decision on interest rates. In recent days intensified speculation that the bank will cut the benchmark rate, but forecast preserve values of 2.50% is possible strengthening of volatility.

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