Newspaper: December interest rate cut looked more likely today

In The Australian, commenting on weaker retails sales and company profits, and a rise in business inventories*:

“This suggests that GDP when we see it on Wednesday is probably going to be a positive but modest number so there is little really standing in the way of the RBA (cutting the cash rate).”

Retail spending flat, fall in job ads, company profits point to rate cut

*Inventories were up 1.1% (vs. +0.4% expected)