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

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Looking further out ... 11 of the 25 see a cut in 2016

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As an FYI, OIS pricing is at 56% for a 25 bp cut at Tuesday's meeting ... backing off from yesterday's insanity somewhat.