Australia stock market sinks as ASX 200 hit by gold rout — what to watch before the RBA call

Australian stocks fell Monday, with the S&P/ASX 200 dropping 1.02%, or 90.5 points, to finish at 8,778.6. The Aussie dollar also dipped 0.56%, landing at $0.6924.

ASX:BHP · ASX:CTD · ASX:GNC · ASX:NEC · ASX:RIO · ASX:STO · Stock Market
Australian dollar jumps to a 15-month high as rate-hike bets return

Australian dollar jumps to a 15-month high as rate-hike bets return

The Australian dollar surged to its strongest level since September 2024 on Monday, trading close to $0.6917. This spike followed a broad sell-off in the U.S. dollar, triggered by a sharp rebound in Japan’s yen. Thin liquidity, thanks to holidays in Australia and New Zealand, pushed volatility higher throughout the session.
26 January 2026

US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Strong Buy

NVIDIA

94/100
#2 Strong Buy

Meta Platforms

89/100
#3 Buy

Alphabet

87/100
#4 Buy

Amazon

84/100
#5 Selective Buy

Microsoft

80/100
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MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Warsh at Jackson Hole

Policy tone can move rates, USD, equities, gold and crypto simultaneously.

#2

Michigan sentiment

A weak final reading or elevated inflation expectations could pressure risk assets.

#3

Chicago PMI

A surprise versus 58.0 may alter the near-term manufacturing-growth narrative.

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Times and estimates may change. Verify before trading.