Tuesday: Oil up 5%; RBA set to hold today
5 in 5 with ANZ

Tuesday: Oil up 5%; RBA set to hold today

2026-08-10

Oil prices are up 5% as worries grow about when the Strait of Hormuz will reopen. The RBA is set to hold rates today. And Bank of Japan members grow more hawkish as inflation expectations grow.

In our deep-dive interview, ANZ Group Chief Economist Richard Yetsenga says there are some key similarities between 1990s Japan and China’s economy today.


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