Economic event risks today - Westpac

Analysts at Westpac noted the key forthcoming events ahead.

Key Quotes:

AU: RBA minutes. The July statement showed an intent to assess the data at that time and potentially calibrate policy in August. We’ll be looking for hints of a low inflation led rate cut.

US: Housing starts and permits Remain volatile month to month, with multiples a key factor. However, the trend is flattening.

NZ: The GDT dairy auction tonight should result in a 1% rise in WMP prices, according to the futures market.