Reuters poll of 21 economists on what they think the Reserve Bank of Australia will do on Tuesday (November 3)
- 17 of the 21 expect 'on hold'
- 4 expect a 25 basis point cut
-
Looking further out ... 11 of the 25 see a cut in 2016
-
As an FYI, OIS pricing is at 56% for a 25 bp cut at Tuesday's meeting ... backing off from yesterday's insanity somewhat.