BlackRock's Hambro Sees New Commodity Cycle
New Zealand Business Confidence Declines Amid Rising Oil Prices
Judge orders New York City to restart secondary-home tax rollout
Gold Fields Said to Mull Sweeter Northern Star Bid With Cash
Can Treasury Yields Hit 6%?
Pentagon awards Boeing $20bn contract for Navy stealth fighter jet
People's Bank of China Expected to Set USD/CNY Reference Rate at 6.7025
Japan industrial production unexpectedly falls in August, retail sales slow
Japan's August Factory Output Declines Amid Slower Retail Sales
Japan’s Output Falls For Second Month as Iran War Drags On
China’s ‘Mini Stimulus’ Seen Securing GDP Target, Not Much More
South Korea Tax Revenue to Hit Fresh Record on Global Chip Boom
Asian Stocks Rise as Tech Leads, Bonds in Focus: Markets Wrap
Commodity Boom Pushes Mongolian Stocks to World-Beating Quarter
Korean Stocks Face Early End to $40 Billion Buyback Support
KLEA Finance Daily: Tuesday, September 29, 2026
Japan August factory output falls 1.7% month-on-month
Navy Chooses Boeing to Build Next-Generation Jet Fighter
Google pays 100 publishers for AI-powered search content- The Information
Faced with US ban, Canadian booze makers see yet more hurdles at home
Why is Vanda Pharmaceuticals stock surging today?
TSA officers will not be allowed to sit during ID checks at US airports
A.I. Is ‘Better Informed’ Than Doctors, Kennedy Tells Industry-Backed MAHA Summit
Ellison Picks HBO Content Chief to Run Paramount-Warner Streaming Business
UK auto output rebounds in August but ’Made in Europe’ proposals pose threat, industry data shows
Volante Technologies and Circle Collaborate on Stablecoin Integration for Banks
Why Kroger Is Trying to Be More Like Walmart
Elio Mortgage Secures $5.1 Million in Pre-Seed Funding
Citi Projects SpaceX Valuation Could Reach $12 Trillion Following Successful Starship Flight
Accelevation prices IPO at $18 per share on Nasdaq
SMEs Shifting to Fintechs for Cross-Border Payments, Mastercard Report Reveals
Reserve Bank of Australia Raises Cash Rate to 4.6%, Westpac Predicts Further Hike in November
Latest Oil Market News and Analysis for Sept. 30
Valley National Bank Acquires Bluevine for $340 Million
Tesla Secures $30 Billion in New Credit Facilities
Robinhood to allow 24-hour weekend trading of US stocks as industry shifts to wider access
UK business morale hits 17-month low, Lloyds says
Donald Trump praises AI ‘self-regulation’ after summoning tech bosses to the White House
Morgan Stanley Bank Analyst Graseck to Retire After 40 Years
Goldman private credit fund defies industry elevated withdrawal trend yet again
Paramount Streaming Chief Exits Ahead of Warner Bros. Deal
He Was Rejected by Goldman Out of College. Now He’s Poised to Run the Bank.
The Lady Gaga moment for corporate Japan
Deloitte partner pay rises to record £1.1mn as firm cuts staff
Shein’s pain is high street retailers’ gain
Trump, AI CEOs sign voluntary safety pact, back data center expansion
X2, the Troubled California Six Flags Roller Coaster, Reaches Its End
Workday Announces Workforce Reduction of 2.5%
Goldman private credit fund defies industry elevated withdrawal trend again yet again
At A.I. Event, Trump Asks Meta, OpenAI and Microsoft to Make Safety Decisions Themselves
US-Iran Diplomatic Efforts Stalled Amid Rising Tensions
Federal Reserve Officials Discuss Inflation and Interest Rate Outlook
Qatari mediators press peace deal between US and Iran
Eli Lilly Reports Significant Weight Loss Results for Retatrutide in Phase 3 Trial
Paramount’s Streaming Chief Leaves Ahead of Warner Bros. Deal
Trump Proposes Committee to Oversee Artificial Intelligence Development
Asian Stocks Set for Rebound as Oil Prices Ease: Markets Wrap
U.S. Stocks Close Mixed as Semiconductor Shares Rally
Boeing wins US Navy’s next-generation fighter contract, Pentagon says
Oil Prices Decline Amid Recovery of Middle East Exports and US Supply Moves
Odds of October Federal Reserve Rate Hike Decrease to 50%
Carney Threatens Legal Action Against Cleveland-Cliffs Over Stelco ‘Betrayal’
Brinker Intl CEO on Growth While Delivering Value
Trump releases AI accord with tech executives
Trump to unveil $54B South Korean investment in Alaska LNG project - Bloomberg
Sam Altman says OpenAI will delay its IPO until it overcomes safety concerns
Economic Data Releases Scheduled for Asia on September 30, 2026
OPEC+ Expected to Maintain Steady Oil Production Quotas
JPMorgan Hires Trio for Natural Resources Banking Team
Reserve Bank of Australia Expected to Raise Interest Rates to 4.60%
The Reserve Bank of Australia (RBA) is anticipated to increase its cash rate by 25 basis points during its upcoming meeting, raising the rate from 4.35% to 4.60%. This adjustment would mark the highest cash rate in nearly 15 years. Major Australian banks have largely priced in this rate hike, suggesting that market focus will shift to the RBA's guidance on future monetary policy following the decision.
Recent economic indicators have strengthened the case for the rate hike. Headline inflation in Australia eased to 3.5% in July, but trimmed mean inflation remains elevated at 3.6%. RBA Governor Michele Bullock has highlighted rising inflation risks, citing persistent excess demand and high oil prices influenced by ongoing conflicts in the Middle East as contributing factors. However, the unemployment rate unexpectedly rose to 4.6% in August, indicating potential softening in the labor market despite an increase in employment numbers.
The RBA's decision and accompanying guidance will be closely monitored, particularly any changes to its commitment to manage inflation. If the RBA signals that further rate hikes may be necessary, markets could anticipate an increase to 4.85% by the end of the year. Conversely, any indication of a more cautious approach could lead to a decline in the Australian dollar. Additionally, the release of the Consumer Price Index (CPI) report on Wednesday, shortly after the RBA meeting, may provide further insights into the central bank's future actions.
Source: KLEA News