Australian RBA Interest Rate Decision 4.35 vs. Exp. 4.35% (Prev. 4.1%, Low. 4.10%, High. 4.35%)

The RBA has kept interest rates unchanged at 4.35%, aligning with expectations.

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Mehr News Agency says a fire broke out in two commercial ships and spread to two others in Dayyer port south of Iran; cause not clear

"Explosions were heard tonight in the port of Bandar Abbas (Iran) and on Qassem Island (Iran) in the Persian Gulf", N12 journalist reports citing sources in Iran

Australian RBA Interest Rate Decision 4.35 vs. Exp. 4.35% (Prev. 4.1%, Low. 4.10%, High. 4.35%)

US Treasury Secretary Bessent had a "fierce row" with UK Chancellor Reeves last month over her outspoken criticism of the Iranian war, FT sources say

HSBC (HSBA LN / 5 HK) Q1 (USD): Revenue 18.6bln (exp. 18.49bln). CET1 ratio 14% (exp. 14%), Pretax profit 9.38bln (exp. 9.59bln). Raises FY26 NII to USD 46bln (prev. "at least USD 45bln"); Declares first interim dividend of USD 0.10/shr

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Context

This decision indicates a cautious approach amid recent economic signals and may reinforce the current rate path, without indicating any immediate shifts towards tightening or easing. Watch for market reactions in AUD and fixed income as this could clarify overall sentiment in the region.

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