The RBA meets on Tuesday against a backdrop of improving economic conditions at home but increased uncertainty abroad.
Samsung Electronics on Tuesday estimated its operating profit at 6.9 trillion won during the second quarter, below analyst expectations.
"The last few decades have shown that Communist Party rhetoric typically doesn't play out in the real world," says a former China resident.
There is to be a big change in the direction of China's Shanghai Composite Index, with a high probability the market will find support at 3400 points.
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Samsung Electronics expects its operating profit at 6.9 trillion won during the second quarter, below Reuters' forecasts of 7.2 trillion won.
Peter Morici, professor of economics at University Of Maryland's Robert H. Smith School of Business, says European creditors need to realize that Greece won't be able to pay its debts.
Wilbur Ross, chairman and CEO of WL Ross & Co, says Greece and its creditors will reach an agreement that is similar to the last-minute offer made by European Commission President Jean-Claude Juncker last week.