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Financial News: RBA Minutes On Tap For Tuesday

RBA Minutes On Tap For Tuesday

11/20/2017 - 17:31:00 (RTTNews)

(RTTNews) - The Reserve Bank of Australia will on Tuesday release the minutes from its November 7 meeting, highlighting a modest day for Asia-Pacific economic activity.

At the meeting, the RBA decided to maintain its benchmark interest rate at a record low 1.50 percent.

New Zealand will provide October results for credit card spending; in September, spending was up 0.7 percent on month and 4.9 percent on year.

Japan will release September results for its all industry activity index, with forecasts suggesting a decline of 0.4 percent on month following the 0.1 percent gain in August.

Hong Kong will see October numbers for consumer prices; in September, inflation was up 1.4 percent on year.

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