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VIEW: Door To A November Move Is Open

RBA

Looks like Aussie bonds are happy to tick bid into the close. As we have noted, there were no overt clues re: which methods the RBA may adopt re: further easing/when, but some of the subtleties in the language shifts, the lack of pushback against market pricing of further easing and wait until the budget is over mantra keeps the November meeting more than live. An address from RBA Governor Lowe and the minutes of today's meeting will be scrutinised into the budget.

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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