Tuesday looms as a make-or-break session for Australia’s ASX 200 with futures sitting at a key technical level ahead of the Reserve Bank of Australia (RBA) May interest rate decision. Should it provide a hawkish update as covered in a preview note earlier this week, it may hinder upside in the near-term. One saving grace for bulls may be the continued rebound in iron ore futures in Singapore. We’ll look at trade setups for both markets in this brief note. Quick RBA overview Tuesday’s RBA decision will be largely about what it signals on the future path of inflation. Having seen a couple of meetings under the new RBA ... (full story)