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ASX to open lower, RBA expected to hold rates steady

Source: afr.com afr.com
News Snapshot:

Local: Second quarter current account at 11.30am; RBA board meeting decision at 2.30pm Overseas data: China Caixin services PMI August at 11.45am; Markit services PMI for Eurozone, UK; Eurozone July PPI at 7pm; US July factory orders and durable goods orders Other top stories Burke to entrench Fair Work powers over business The Albanese government’s next wave of workplace changes will put the onus on business to prove they’re not caught by the tough wide-ranging laws. PM defiant on Qantas as WA joins Labor split Anthony Albanese declared Australia had the most competitive airline market in the world and shrugged…

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