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Has the RBA gone too far in............>

AUSSIE BONDS
AUSSIE BONDS: Has the RBA gone too far in stressing its optionality amid a
reticence to cut this month? Retail sales data due later this week will be key
in the short-term, especially given November's elevated print, which was
seemingly boosted by the Black Friday effect.
- Also, those of a more dovish persuasion remind us just how bad domestic Q3 GDP
data was.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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