Barclays on the Reserve Bank of Australia, looking for on hold on Tuesday 5 February, and as for further out:
- no longer expect a hike in the cash rate from the Bank the RBA to hike the cash rate in 2020 (Barclays had been forecasting two hikes in the first half of 2020)
- Says RBA may sound more cautious and data dependent next week
- But will be signalling any major shift in their policy stance
