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Australia's four major banks unanimously expect the RBA to raise the cash rate by 25 basis points to 4.85 percent at its November 3 meeting. The September CPI showed headline inflation at 4.3 percent and trimmed mean at 3.6 percent, both above expectations.
Market pricing for a November hike rose from about 69 percent to about 79 percent.
A widely expected RBA hike is already largely priced into the Australian dollar, so the currency impact may be limited unless the forecasts surprise. Updated RBA projections could still shift expectations for the path of rates.
thebull.com.auThe Bull TeamNov 1, 2026
geopoliticsalpha.comNov 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.
