Reuters poll: RBA seen holding rates steady at its Feb 7 meeting

According to the latest Reuters poll, the Reserve Bank of Australia (RBA) is seen holding rates steady at its monetary policy meeting scheduled next Tuesday.

Key findings from the survey:

Surveyed 63 economists

All of them believe the Bank will hold rates steady at that meeting

16 of the poll respondents expect a rate cut some time in 2017

6 see a rate hike this year

Feb 3, 2017

Five reasons to stay short the pound - DB

Analysts at Deutsche Bank believe that any rallies in cable is unsustainable, especially in light of neutral BOE seen a day before. They further note

Treasury yields continue range bound action

Treasury yields continue to trade in the sideways manner, repeatedly failing to extend the Trump rally. At the time of writing, the 10-year treasury