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like the rest of the world. the reserve bank of australia will be holding its monthly meeting next week to decide on the cost of borrowing. market analyst peter maguire says if chevron strike issues are not solved soon, they will have a big impact. you ve got 500 workers, two major plants, and they produce around 5% of global supply. it s a major impact and certainly asia would be. ..would feel it more than anywhere else in the world. i guess it highlights that wage demands are rising despite the dip in inflation that we saw recently. what will be the impact on the central bank? as far as central bank s concerned, we seeing hopefully retail sales fairly strong. if that s not a bad point, normally a good point, but it could further inflation, we are expecting inflation to come down. that could be a good sign next

Reserve bank of australiaPeter maguireChevron strikeWage demandsCentral bank