What to expect of the RBA meeting today? - Westpac

Sean Callow, FX Strategist at Westpac, expects the RBA to remain in “watch and wait” mode, adding that AUD might press a little higher on the anticipated balanced statement.
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PBOC cuts RRR by 50bp: further easing yet to come - ANZ

According to the ANZ China's Research Team, the PBoC may need to further lower the RRR in 2016, with yesterday's decision to cut the RRR by 50 bp expected to immediately inject about RMB650bn into the banking system.
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