Early this morning, economic data from China that includes 3rd quarter GDP figures will be the key stats of the day. Economic data from the U.S will also draw interest later, however.
It’s a relatively busy day on the economic calendar, with stats from the Eurozone and Canada in focus. U.S retail sales and consumer sentiment will be key, however.
Aussie futures traders are almost fully priced for a hike in the 0.1% cash rate by October 2022, but the RBA stands by its 2024 timeline.