RBA meeting: what has the RBA had to analyse? - Scotiabank

FXStreet (Guatemala) - Derek Holt, analyst at Scotiabank explained that heading into Monday’s policy meeting, the RBA won’t have too much more information to work with vs. its August meeting, but what we do have is mostly positive.

Key Quotes:

"A better-than-expected jobs report (+39k jobs vs. +10k expected, though mostly part-time) and as-expected improvement in wages at 0.6% q/q and 2.3% y/y

A further 2.9% weakening of AUD vs. USD

A continued acceleration in m/m Chinese property prices

Cuts to China’s reserve ratio requirements and benchmark interest rates

Roughly unchanged iron ore prices"