Will they or wont they?
Tuesday 6th June 2023
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It's a line-ball call, says NAB\u2019s Ray Attrill, as to whether the RBA will lift rates or not today. Markets have priced in a follow-up to the May rise, the question is whether it happens today or in a subsequent meeting. We look at the scenarios on today\u2019s podcast. Plus, a weaker services sector in the US. Does that change expectations for the Fed? And oil responds to the OPEC+ cuts by Saudi Arabia, but the gains don\u2019t last long.
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