ASX set to fall ahead of expectations that RBA will increase rates

The sharemarket is poised for a subdued start on Monday as robust economic data fuels expectations that the Reserve Bank of Australia will raise interest rates this week.

The S&P/ASX 200 Futures Index indicates a fall of 60 points, or 0.7 per cent, in the sharemarket, continuing last week’s decline. Still, overall, it finished up 1.8 per cent in January, which was the best monthly performance since August.

Source: https://www.afr.com/markets/equity-markets/asx-to-open-lower-on-looming-rate-hike-gold-plunge-continues-20260201-p5nyna