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RBA minutes to reveal some of the downside risks - ANZ

Analysts at Australia and New Zealand Banking Group (ANZ) offer a brief preview of what to expect from Tuesday’s Reserve Bank of Australia (RBA) minutes release of its February monetary policy meeting.

Key Quotes:

“The minutes of the RBA meeting will reveal some of the downside risks that the bank highlighted in its last statement, however its impact will be limited given the recent publication of the SoMP.

Of more interest will be the parliamentary testimony of the governor. In particular, his answers to any questions on the impact of credit tightening.”

USD/INR Technical Analysis: Bounced off ascending trendline

15-min chart Trend: neutral R3 72.0175 R2 71.744 R1 71.547 PP 71.2735 S1 71.0765 S2 70.803 S3 70.606
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RBNZ: Cautious tone - ANZ

Analysts at ANZ point out that the Reserve Bank of New Zealand last week sounded a slightly more cautious tone about the future path for the economy a
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