NAB forecasts RBA to cut cash rate to 0.75% in November

Looks like the price cut has been priced in.
Don't think we will have a rate cut in July
Speculation for the next rate cut:
October 2019 1.25 -> 1
Feb 2020. 1 -> 0.75 (Depending on the economy outlook)
If outlook improve we might see just 1 more rate cut.

Very calculated release of information, half way in between RBA actual monthly announcements, while currency has already been under pressure. Win and win.
A very effective method to prevent sharp drops (on announcement) which only results in retracement back up negating the effect.

The RBA rate indicator is still showing a 21% chance rates remain unchanged. Surprising headline.

Still banks are unlikely to cut rates for customers. Just increase their spreads.

wow