AM 11 Aug 26: ASX set to open steady ahead of RBA call

The ASX is set for a steady open ahead of the RBA’s interest rate decision this afternoon, as investors weigh Governor Michele Bullock’s latest comments on inflation and economic conditions. Overnight, oil prices surged on Middle East tensions, while US markets edged lower after recent gains. James Gruber, Equity Market Strategist at CommSec takes you through all the key numbers. Check out our Market News page Follow us on:InstagramLinkedInYouTubeTikTok The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.