It's a line-ball call, says NAB’s Ray Attrill, as to whether the RBA will lift rates or not today. Markets have priced in a follow-up to the May rise, the question is whether it happens today or in a subsequent meeting. We look at the scenarios on today’s podcast. Plus, a weaker services sector in the US. Does that change expectations for the Fed? And oil responds to the OPEC+ cuts by Saudi Arabia, but the gains don’t last long.