At 03:30 (GMT+2), the head of the Reserve Bank of Australia (RBA), Philip Lowe, will speak. Comments from officials of such a high rank traditionally attract the attention of investors, as they may contain an assessment of the current state of the national and global economy and hint at further actions of the regulator in the field of monetary policy. The speech of the head of the department will likely affect the prospects for the development of the national economy against the backdrop of the COVID-19 pandemic, as well as further steps by the regulator to stabilize the situation in the most affected industries.
