Australian CPI to put RBA on a Knife-Edge
Wednesday 28th October 2026
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
Phil and NAB's Skye Masters break down a risk-on session across global equity markets set against a tense, pivotal day for monetary policy. Wall Street rallied—led by a 2.2% surge in the Nasdaq and broad tech strength—fuelled by news of mega-cap chip-financing deals and solid US consumer confidence readings. The primary focus, however, turns squarely to domestic macro data, with Australian Q3 CPI arriving today. With markets pricing in roughly a 60% probability of an RBA…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.