# Rate hike locked in? | PM 28 Oct 26

An episode of [CommSec Market Update](https://invisiblenetwork.ai/podcast/1024068365), 28 Oct 2026, 9:55.

Audio: https://enrichment.soundstack.com/4vjqq8/traffic.omny.fm/d/clips/820f09cf-2ace-4180-a92d-aa4c0008f5fb/7ce30ada-3515-4538-a131-afef0177d550/14f345f7-c119-4043-bef8-b4f1005ab2ea/audio.mp3?utm_source=Podcast&in_playlist=1b3da022-8454-4155-8336-afef0177d567

The Australian share market surged early but reversed sharply after inflation data exceeded expectations, wiping out gains and fueling expectations of another RBA rate rise next week. Key earnings updates from Woolworths, SiteMinder, and Data3 provided bright spots amid rate-sensitive sector weakness. Global central bank decisions loom. Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean. Check out our Market News page Follow us on: Instagram LinkedIn YouTube TikTok 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.

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