RBA rate rise, what's the liklihood?

$ASX LTD(ASX.AU)$

RBA Rate Indicator - February 2023

What is the RBA Rate Indicator?

The RBA Rate Indicator shows market expectations of a change in the Official Cash Rate (OCR) set by the Reserve Bank of Australia. The indicator calculates a percentage probability of an RBA interest rate change based on the market determined prices in the ASX 30 Day Interbank Cash Rate Futures.

The table below illustrates how market expectations of an interest rate change at the next RBA Board meeting have changed in the last few days. The RBA Rate Indicator is updated at the end of each business day so you can see any change in expectations after each trading day.

The RBA rate indicator provides market participants and commentators with a market monitor for official cash rate expectations in Australia

What is the RBA Rate Indicator saying today?

On the 6th of December the RBA increased the official cash rate by 0.25%. The current official cash rate as determined by the Reserve Bank of Australia (RBA) is 3.10%.

The next RBA Board meeting and Official Cash Rate announcement will be on the 7th February 2023.

As at 11 January, the ASX 30 Day Interbank Cash Rate Futures February 2023 contract was trading at 96.785, indicating a 61% expectation of an interest rate increase to 3.35% at the next RBA Board meeting.

Source:

https://www2.asx.com.au/markets/trade-our-derivatives-market/futures-market/rba-rate-tracker#:~:text=The next RBA Board meeting and Official Cash Rate announcement,the next RBA Board meeting.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

icycrystal
2023-01-12
icycrystal
thanks for sharing
Spellgirl
2023-01-12
Spellgirl
Ok
Lailai8888
2023-01-12
Lailai8888
Ok
PeiYi99
2023-01-12
PeiYi99
Ok
CCX888
2023-01-12
CCX888
good
boonk
2023-01-12
boonk
Noted

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","html":"<html><head></head><body><p><a href=\"https://ttm.financial/S/ASX.AU\">$ASX LTD(ASX.AU)$ &nbsp;</a></p>\n<p>RBA Rate Indicator - February 2023</p>\n<p>What is the RBA Rate Indicator?</p>\n<p>The RBA Rate Indicator shows market expectations of a change in the Official Cash Rate (OCR) set by the Reserve Bank of Australia. The indicator calculates a percentage probability of an RBA interest rate change based on the market determined prices in the ASX 30 Day Interbank Cash Rate Futures.</p>\n<p>The table below illustrates how market expectations of an interest rate change at the next RBA Board meeting have changed in the last few days. The RBA Rate Indicator is updated at the end of each business day so you can see any change in expectations after each trading day.</p>\n<p>The RBA rate indicator provides market participants and commentators with a market monitor for official cash rate expectations in Australia</p>\n<p>What is the RBA Rate Indicator saying today?</p>\n<p>On the 6th of December the RBA increased the official cash rate by 0.25%. The current official cash rate as determined by the Reserve Bank of Australia (RBA) is 3.10%.</p>\n<p>The next RBA Board meeting and Official Cash Rate announcement will be on the 7th February 2023.</p>\n<p>As at 11 January, the ASX 30 Day Interbank Cash Rate Futures February 2023 contract was trading at 96.785, indicating a 61% expectation of an interest rate increase to 3.35% at the next RBA Board meeting.</p>\n<p>Source:</p>\n<p>https://www2.asx.com.au/markets/trade-our-derivatives-market/futures-market/rba-rate-tracker#:~:text=The next RBA Board meeting and Official Cash Rate announcement,the next RBA Board meeting.</p></body></html>","htmlText":"<html><head></head><body><p><a href=\"https://ttm.financial/S/ASX.AU\">$ASX LTD(ASX.AU)$ &nbsp;</a></p>\n<p>RBA Rate Indicator - February 2023</p>\n<p>What is the RBA Rate Indicator?</p>\n<p>The RBA Rate Indicator shows market expectations of a change in the Official Cash Rate (OCR) set by the Reserve Bank of Australia. The indicator calculates a percentage probability of an RBA interest rate change based on the market determined prices in the ASX 30 Day Interbank Cash Rate Futures.</p>\n<p>The table below illustrates how market expectations of an interest rate change at the next RBA Board meeting have changed in the last few days. The RBA Rate Indicator is updated at the end of each business day so you can see any change in expectations after each trading day.</p>\n<p>The RBA rate indicator provides market participants and commentators with a market monitor for official cash rate expectations in Australia</p>\n<p>What is the RBA Rate Indicator saying today?</p>\n<p>On the 6th of December the RBA increased the official cash rate by 0.25%. The current official cash rate as determined by the Reserve Bank of Australia (RBA) is 3.10%.</p>\n<p>The next RBA Board meeting and Official Cash Rate announcement will be on the 7th February 2023.</p>\n<p>As at 11 January, the ASX 30 Day Interbank Cash Rate Futures February 2023 contract was trading at 96.785, indicating a 61% expectation of an interest rate increase to 3.35% at the next RBA Board meeting.</p>\n<p>Source:</p>\n<p>https://www2.asx.com.au/markets/trade-our-derivatives-market/futures-market/rba-rate-tracker#:~:text=The next RBA Board meeting and Official Cash Rate announcement,the next RBA Board meeting.</p></body></html>","text":"$ASX LTD(ASX.AU)$ RBA Rate Indicator - February 2023 What is the RBA Rate Indicator? The RBA Rate Indicator shows market expectations of a change in the Official Cash Rate (OCR) set by the Reserve Bank of Australia. The indicator calculates a percentage probability of an RBA interest rate change based on the market determined prices in the ASX 30 Day Interbank Cash Rate Futures. The table below illustrates how market expectations of an interest rate change at the next RBA Board meeting have changed in the last few days. The RBA Rate Indicator is updated at the end of each business day so you can see any change in expectations after each trading day. The RBA rate indicator provides market participants and commentators with a market monitor for official cash rate expectations in Australia What is the RBA Rate Indicator saying today? On the 6th of December the RBA increased the official cash rate by 0.25%. The current official cash rate as determined by the Reserve Bank of Australia (RBA) is 3.10%. The next RBA Board meeting and Official Cash Rate announcement will be on the 7th February 2023. 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