1 of 1
Story summary
- Reserve Bank Governor Michele Bullock raised the cash rate by 0.25 percentage points to 4.6 %.
- ASX futures rose to 8,722.
- US 10-year Treasury yields jumped to 5.23 %.
- President Donald Trump told reporters the United States will win the war with Iran “very soon”.
- TD Securities analyst Ryan McKay warned markets fear escalation in Iran or the Houthis before US midterms.