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STIR: RBA Dated OIS Firmer Ahead Of Wednesday's Q3 CPI Data

STIR

RBA-dated OIS pricing is 1-5bps firmer for 2025 meetings, with the later meetings showing the greatest increase. 

  • Going into Wednesday’s Q3 CPI release, the market is pricing in a modest cumulative 4bps of easing by the end of the year, positioning the expected cash rate at its highest level since late July. 

 

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RBA-dated OIS pricing is 1-5bps firmer for 2025 meetings, with the later meetings showing the greatest increase. 

  • Going into Wednesday’s Q3 CPI release, the market is pricing in a modest cumulative 4bps of easing by the end of the year, positioning the expected cash rate at its highest level since late July. 

 

Keep reading...Show less