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Australian shares snapped a four-session losing streak as mixed May inflation left the door open to further RBA hikes in 2026. Energy stocks fell as oil slumped to its lowest since the Persian Gulf conflict began, and materials fell for a fifth session as a hawkish US rate outlook strengthened the greenback.
A stronger US dollar and lower oil prices weigh on commodity-linked assets and energy costs, which can ease input costs for feed producers. The effect on feed grain prices is limited.
aapnews.aap.com.auJun 24, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
