Goldman Sachs join the dovish RBA express - see potential November easing

CBA and RBC are projecting cuts from the Reserve Bank of Australia at the next meeting, Nov. 3:

• RBA Governor Lowe's speech has prompted forecasts of imminent RBA rate cuts

Following Lowe's speech and comments earlier:

• More from RBA Lowe - possible to cut rates to 0.1%
• AUD testing its overnight low after RBA Gov Lowe spoke
• RBA Governor Lowe - reasonable to expect further easing would be more impactful than earlier

Goldman Sachs too, in research note say RBA dovish tone is indicative its likely to lower the cash rate to 0.1%. GS also see a new AUD100bn QE programme to lower longer term yields.