RBA policy announcement Tuesday, RBA gov Lowe speaks on year ahead Wednesday

Lowe appears before house of reps on Thurs, then RBA mon pol statement Fri

U.S NFP Friday, too. Option market implied volatility remains supported

Overnight expiry paid 18.5 in Asia - straddle break-even $55-pips

One-week vol capture all events - 11.5 implied vol - Straddle $97-pips

With cash hedge - holder will be looking for actual volatility to outperform

Volatility risk premium increased last week, setbacks minimal nL1N2K40ZD