NAB share price jumps after holiday break as Australia CPI and RBA decision loom
National Australia Bank shares closed up 1.3% at A$42.88 Tuesday after a stronger business survey fueled rate speculation ahead of Wednesday’s inflation data. The S&P/ASX 200 rose 0.92%, led by banks and resource stocks. Investors await Australia’s December CPI on Jan. 28 and the RBA’s rate decision on Feb. 3.