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David Bird: RBA rate hike odds reach nearly 100 percent today

David Bird: RBA rate hike odds reach nearly 100 percent today
RBA rate hike nearly certain today

David Bird highlights that markets are currently assigning about a 90 percent probability to an interest rate hike by the Reserve Bank of Australia today. He states his own estimate is even higher, at 99.99 percent. Bird adds that the charts he follows often lead the news and that today's decision forms just one part of a larger trend.

Bird has previously commented on hesitation among investors, noting that those waiting for an October 2026 Bitcoin price low could miss out as they did during earlier opportunities. He also reported when iron ore rebounded after a sharp decline due to finding key support. These observations form part of Bird’s ongoing coverage of notable shifts in markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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