Earlier post is here:
This snippet via National Australia Bank, looking for headline at 1.3% q/q & y/y at 6.7%:
- For the more closely watched core trimmed mean measure, we look for an increase of 1.6% QoQ and 5.7% YoY.
- For the November RBA meeting, we expect a 25 bps hike, but a shift back to 50 bps cannot be fully discounted if the CPI surprises sufficiently high and broad.
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AUD higher on the improved mood overnight, the prospect of a +50bp from the Reserve Bank of Australia on November 1 ould help it higher again:
