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Financial News: RBA Minutes On Tap For Tuesday

RBA Minutes On Tap For Tuesday

09/18/2017 - 18:01:00 (RTTNews)

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

At the meeting, the RBA decided to leave its key interest rate unchanged at a record low 1.50 percent. The rate has been unchanged since September 2016.

Australia also will see Q2 numbers for house prices, with forecasts suggesting an increase of 1.3 percent on quarter and 9.2 percent on year. That follows the 2.2 percent quarterly increase and the 10.2 percent yearly jump in the three months prior.

Finally, the markets in Japan are closed on Tuesday for Respect For the Aged Day, and will re-open on Wednesday.

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