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The RBA raised its cash rate by 25 basis points to 4.85%, a split 6-3 decision, while CPI inflation stood at 4.3% and unemployment rose to 4.7%. The Australian dollar nonetheless depreciated after the decision.
Rising fuel costs from Middle East tensions keep inflation elevated, and tighter Australian credit may weigh on domestic activity and the currency that drives Australian commodity export pricing.
equiti.comDaniel MejíaNov 4, 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.
