Markets

Breakdown of the latest developments on the global exchanges
Apr 15, 2019, 12:00 PM GMT
#InterestRate

The Week is Going to be Impactful for the Aussie as Well

Early on Tuesday morning, the RBA is expected to release its Monetary Policy Meeting Minutes from the last interest rate decision and the most important data for the Australian economy.

Investors are anticipating the report so that they can get a clearer picture of the efficiency of the monetary policy and the outlook for economic growth.

On Thursday the Australian Bureau of Statistics is expected to release its unemployment data and the forecast is for the rate to rise with 0.1% to 5.0%, which is going to put more strain on the Australian Dollar, provided that Tuesday's report raises investors’ concerns over the economic growth prospects.