Reserve Bank of Australia Governor Bullock is due to speak at five past the top of the hour:
- 11.05am Sydney time
- 0005 GMT
- 2005 US Eastern time
The immediate background to this is last week’s soft-side labour market report, which raised expectations of a November 4 rate cut from the Reserve Bank of Australia:
On October 29 we get the latest official inflation data. this could cement, or perhaps not, the case for the November rate cut.
This article was written by Eamonn Sheridan at investinglive.com.