Daily Alert: RBA meeting looming large for Tuesday

  • In US economic data, personal income fell by 1.0% in September (survey: -0.3%). Spending rose by 0.6% as expected.
  • European sharemarkets were mixed on Friday. Insurers and banks rose but mining, energy, utilities and real estate fell.
  • US Treasuries were mixed on Friday. US 10-year yields fell 2 points to 1.56%, while US 2-year yields rose by 1 point to near 0.50%.

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