PM 23 Jul 26: Is another rate hike on the horizon?

The Australian market pushed to five-week highs on Thursday before easing as surprisingly strong employment data raised expectations for future interest rate increases. Materials and energy sectors led gains amid oil price strength, while technology stocks dragged. Investors await next week's inflation update, a key factor in Reserve Bank decisions. Laura Besarati is a Market Analyst at CommSec. Each episode, she breaks down the day's market movements and explain what the numbers really mean. 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.