Australian rate decision: Tuesday, 3:30. The Reserve Bank of Australia kept the official cash rate at 1.5% in its October meeting despite Aussie volatility and sluggish mining transition. The decision to leave the rate unchanged was in line with market forecast. However, analysts expect an additional rate cut this year. Policy officials were more optimistic regarding the prospects of GDP growth expecting a boost in employment during the next 12 months. Recent inflation data has been solid.