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Financial News: RBA Minutes On Tap For Tuesday

RBA Minutes On Tap For Tuesday

06/18/2018 - 18:00:00 (RTTNews)

(RTTNews) - The Reserve Bank of Australia will on Tuesday release the minutes from its monetary policy meeting on June 5, highlighting a light day for Asia-Pacific economic activity.

At the meeting, the RBA left its key interest rate unchanged at a record low 1.50 percent for the 20th consecutive meeting.

Australia also will see Q1 numbers for house prices, with forecasts suggesting a decline of 1.0 percent on quarter and an increase of 1.7 percent on year. That follows gains of 1.0 percent on quarter and 5.0 percent on year in the previous three months.

Hong Kong will see unemployment figures for May; in April, the jobless rate was 2.8 percent.

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