Just linking to this post overnight from Adam: RBA watcher says central bank won’t cut next week

It’s hardly a bold call with the OIS market pricing just a 6% chance of a rate cut but Herald-Sun columnist and long-time ForexLive punching bag Terry McCrann makes the case for no change on Sept 3.

For the full story, follow the line in Adam’s post

How the OIS market is pricing in the probability of a rate cut (now at 7%!):

overnight index swap