2012.06.04 05:38:19 MARKET TALK: Global Growth Outlook Won't Trigger RBA Cut - Citi

0338 GMT [Dow Jones] Global growth outlook hasn't deteriorated sufficiently to trigger a further RBA rate cut Tuesday, Citigroup economists say. A continuation of below-trend economic growth signaled in recent data will not be "new news" for the RBA, they say; a "more timely read on the economy" is today's ANZ May job ads data, which show "resilience in the face of head winds." (rachel.pannett@wsj.com) Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com (END) Dow Jones Newswires June 03, 2012 23:38 ET (03:38 GMT)