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Interest rate rise in November a live option as RBA issues inflation warning

A Melbourne Cup day cash rate rise is on the cards after the RBA warned any unexpected strength in inflation may force it to act.

FIVE at FIVE AU: ASX cuts gains as RBA delivers hawkish minutes

PEAK ASSET: MORNING WRAP 9 October: ASX to open higher | Investors brace for oil price spike | Australian shares were poised to

9 October, 2023 How was your weekend?Some quality R&R ahead of another big week at Peak HQCOMMODITY/FOREX/CRYPTO MARKET PRICESGold: US$1,823.38 (+0.13%)Silver: US$21.14 (+0.89%)Nickel (3mth): US$18,723/t (-0.03%)Copper (3mth): US$7,949.50/t (-0.71%)Oil (WTI): US$82.89 (-1.58%)Oil (Brent): US$84.48 (-1.55%)Iron 62pc Fe: US$119.50/t (+0.04%)AUD/USD: 0.6341 (+0.25%)Bitcoin: US$27,670 (+0.49%)Across marketsFutures markets showed Australian shares were poised to rise 0.8 per cent, or

ASX 200: ASX to rise; oil to climb amid Middle East tensions

The sharemarket climbed at the open, but gains were limited by the Israel conflict that send the $US higher; Wall Street shrugs off robust US jobs figures. Follow here for more.

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