Reuters poll: Majority expect RBA will ease again by mid-2017

According to the latest Reuters poll, the Reserve Bank of Australia (RBA) is seen keeping rates on-hold at its policy meeting next week, while a majority expects RBA to cut rates further by mid-2017.

Key findings from the poll:

All 57 economists see RBA on hold at 4 Oct meeting

Majority see rate cut by mid-2017

11 forecast a rate cut in Nov

11 see rates bottoming at 1%

EUR/USD remains capped around 1.1280 – Commerzbank

Karen Jones, Head of FICC Technical Analysis Research at Commerzbank, noted the pair’s upside remains limited by the 1.1280 area for the time being.
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Eurozone: Inflation and unemployment figures in focus – RBC CM

Research Team at RBC Capital Markets, suggests that in today’s session focus will be on the release of Euro area unemployment and inflation figures.
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