# Shares snap losing steak but inflation threats remain

> 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.

- Date: 2026-06-24 · published 2026-06-24T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/19077-shares-snap-losing-steak-but-inflation-threats-remain
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

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.

## Read by commodity

- DXY: bullish ▲
- WTI: bearish ▼

## Sources

- aapnews.aap.com.au: https://aapnews.aap.com.au/news/aussie-shares-edge-higher-on-mixed-inflation-figures

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.