Good Morning, Traders.
Today is Monday the 6th of January or Tuesday the 7th of January depending on where you are. The day of the much anticipated RBA Cash Rate. Here are some things to look out for today.
Sentiment
The dollar rose against all of its G-10 rivals on the potential of future Fed rate hikes, while the Australian dollar fell ahead of what could be the final raise in the cycle from the RBA.
Docket
19:30 PM ET
Australian Trade Balance - Forecast: 12,450M | Prior: 13,210M
22:30 PM ET
RBA Cash Rate - Forecast: 25 bps Hike to 3.35%
RBA Rate Statement
