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JPMorgan now expects the Reserve Bank of Australia to raise its cash rate at its November meeting, citing recent inflation data and hawkish comments from senior RBA officials. Markets price roughly a 90% chance of a hike.
A widely expected RBA hike is largely priced in, so the main risk for the Australian dollar is a surprise hold or a guidance shift; the story has little direct effect on feed commodity prices.
investinglive.comEamonn SheridanNov 2, 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.
