Economic data due from Asia today - RBA policy announcement

Yes, its RBA day. Announcement due at 0430GMT. No change in the cash rate is expected. More to come on this through the session

On the calendar today ...

2200GMT - New Zealand - New Zealand Institute of Economic Research Quarterly Survey of Business Opinion. Unlikely to move the FX too much.

2350GMT - Japan - Monetary base for March - also Unlikely to move the FX too much.

0130GMT - Australia - February Trade Balance

• expected AUD1900mln
• prior AUD 1302mln

0430GMT - RBA announcement and statement from Governor Lowe (2.30pm local time)

I'm sometimes asked if there is a press conference following. No, there isn't.

But, Governor Lowe will be speaking later, at 7.15pm local time (0915GMT)

I'll have some RBA previews on a separate post, but in brief, it's a unanimous expectation the cash rate will be left unchanged.