# ASX to waver as more tough talk from RBA expected

> 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.

- Date: 2026-11-01 · published 2026-11-01T18:10:29.436Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/29819-asx-to-waver-as-more-tough-talk-from-rba-expected
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

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.

## Sources

- afr.com: https://www.afr.com/markets/equity-markets/asx-on-hold-ahead-of-rba-s-fifth-rate-rise-to-crush-inflation-20261101-p61a3f

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