On the RBA today

On the Reserve Bank of Australia decision today:

If you are just waking up:

• The Reserve Bank of Australia announcement and statement today is due at 0430GMT (Tuesday 02 August 2016)
• The current cash rate target is 1.75%
• 20 of 25 economists polled by Bloomberg expect a cut (prior to the Q2 CPI release last week, 24 of 25 had been expecting a cut. 4 have thus changed sides, citing inflation being at the RBA target and the bank will therefore not move today)
• The latest OIS pricing I have seen puts the probability of a cut today at 64%

More:

My preview earlier

Business Insider

• Your 10-second guide to today's RBA rate decision

And more:

• What's in store for AUDUSD as we head towards the RBA?
• RBA to disappoint and AUDUSD will go above 0.80
• Reserve Bank of Australia meeting tomorrow - here comes another cut!