CORRECTION: Big week to gauge next RBA rate call - NAB

FXstreet.com (Barcelona) - In Australia, all eyes are focused on the next RBA Board meeting on December 4th and the Q3 GDP reading one day after. As NAB strategists note, "this week we'll see various data points that will have some, if not major, bearing on next Tuesday's rates decision."

From NAB: "Tuesday sees an update on Q3 goods and services trade and which will provide an early input into the net export contribution to Q3 GDP. Wednesday see Q3 Construction Work Done, while Thursday sees the Q3 Private New Capital Expenditure Survey that also contains updated CapEx spending expectations for this financial year. New home sales are reported Thursday, whilst the RBA credit numbers are out Friday."

NAB also advises that in order to understand the state of affairs in the mining and resources sector, the risk event is Wednesday's Bureau of Resource Energy and Economics six-monthly update of Mining Major Resource Projects.