Due from Australia today, coming up at 2330GMT:

  • ANZ Roy Morgan weekly Consumer Sentiment for the week ended August 3, prior was 116.2
  • AIG Performance of Services index for July prior was 47.6

Neither of these will be much of a market mover, but it all goes into the mix

At 0030GMT

  • Trade balance for June, expected is -2bn, prior was -1.911bn

The previous result for this was a shock, much worse than expected and very poor revisions also.

However, most attention today will turn to the RBA, the outcome of the monetary policy board meeting is due at 0430GMT. No change in policy is expected (by anyone), rates to remain steady at 2.50%. Adam had a preview here and I’ll have a bit more later: Australian dollar higher for second day ahead of RBA