UK prime minister candidate Burnham said he has decided to engage in politics in a new way.

布倫特原油日內跌幅達1.00%，現報70.54美元/桶。

Commerzbank strategist Volkmar Baur says markets price roughly a 50% chance of another RBA rate hike this year; he disagrees. Energy-driven upside risks have faded—oil has fallen since the last meeting—while downside risks from a meaningful fall in property prices are emerging and could dent consumer spending and growth. Baur says only a material rise in inflation would prompt the RBA to tighten again this year, and he does not expect that to occur.