Rate hike locked in? | PM 28 Oct 26
Notes de l’épisode
The Australian share market surged early but reversed sharply after inflation data exceeded expectations, wiping out gains and fueling expectations of another RBA rate rise next week. Key earnings updates from Woolworths, SiteMinder, and Data3 provided bright spots amid rate-sensitive sector weakness. Global central bank decisions loom.
Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean.
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