RBA looks set to hold steady
• Upbeat tone. US equities end the week & month on positive footing. USD ticked higher. AUD & NZD drifted back. AUD a bit firmer on a few cross-rates.• RBA meeting. Given CPI RBA expected to hold (Tues). Near-term inflation forecasts to be revised up. Will RBA close the door on more cuts?• Event radar. In addition to the RBA, NZ jobs report due (Weds). In the US, official data may be delayed, so things like ADP employment are in focus. Global Trends It was a relatively quiet end to last week and October with modest net moves across most...