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Financial News: RBA Minutes On Tap For Tuesday

RBA Minutes On Tap For Tuesday

08/19/2019 - 18:00:00 (RTTNews)

(RTTNews) - The Reserve Bank of Australia will on Tuesday release the minutes from its monetary policy meeting on August 6, highlighting a light day for Asia-Pacific economic activity.

At the meeting, the RBA left its key interest rate unchanged at a record low of 1.00 percent after cutting the rate by 25 basis points each at the previous two meetings.

Hong Kong will see July figures for consumer prices; in June, inflation was up 3.3 percent on year.

Singapore will provide Q2 numbers for wholesale sales; in the three months prior, sales were up 8.1 percent on quarter and 2.2 percent on year.

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