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The Australian sharemarket is expected to open slightly lower on Monday as investors brace for a fifth RBA rate rise on Melbourne Cup Day. Markets fear the central bank will do whatever is needed to beat stubborn inflation, with a follow-up increase possible.
The ASX 200 posted its biggest weekly gain since August on Friday.
A fifth tightening cycle step lifts Australian borrowing costs and can weigh on the AUD, which affects the cost of Australian-origin feed and grain exports priced in USD. The impact on feed prices is indirect.
afr.comCecile LefortNov 1, 2026Not 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.
