Japan Eco Watchers Survey: Current increased to 48.2 in October from previous 47.5

Research Team at NAB/BNZ, expects that RBA sees 'scope' for further easing, but we doubt it will be exercised with February marking the first 'live' meeting, but December easing unlikely. We like tactical AUD outperformance as shorts squeezed, particularly against NZD and EUR, the team further adds.