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To Pause or Not to Pause? That is the RBA question.

NAB Morning Call

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Is the Aussie 10-Year Bond Yield Under Pressure?

US factory orders down 1.6 percent month on month but take out transport then we take out the Boeing orders basically on their up 1.2 percent which I think was close to expectations so nothing too exciting about that. Europe retail sales yesterday for January down 2.3 percent on an annual basis a bit more than expected but for the month up 0.3 percent  - just to make things a bit more confusing the December number which was a 2.7 percent fall has really revised so it's just a 1.7 percent rise.

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