News Headline Summary

AUD/USD back towards flat on the session having surrendered earlier gains on the improved consumer sentiment data; focus turns to the weak Aussie wage growth data for Q3 which has seen Overnight Index Swap rates rise to 63% from 58% for a December cut

Update details:

- The next Reserve Bank of Australia rate decision is on the 4th of December.
- At present the consensus of surveyed economists sees rates on hold at 3.25%.
- AUD/USD currently trades at 1.0442 (+6 pips), session high earlier today was at 1.0457.

Print 01:47, 14 Nov 2012 - Asian News - Source: RANsquawk/IFR