Geopolitics Alpha

RBA rates have peaked but relief still a year away, say economists

Published . Updated .

Key takeaways

  • A snap poll of expert forecasts showed that the cash rate has likely hit the top at 4.85 per cent, but Australia is not out of the woods yet.
  • Exposed: EWA, BWX, EFA, BHP, IREN
  • Market reaction: price tracking starts with the next trading session.

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RBA rates have peaked but relief still a year away, say economists

A snap poll of expert forecasts showed that the cash rate has likely hit the top at 4.85 per cent, but Australia is not out of the woods yet.

Directly affected

  • No company is named in this report.

Indirectly affected

  • EWA iShares MSCI Australia ETF+2.2% 30d

    iShares MSCI Australia ETF holds stocks listed in Australia, which this story is about (“rba”).

  • BWX SPDR Bloomberg International Treasury Bond ETF

    SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Australia

  • EFA iShares MSCI EAFE ETF-1.5% 9d

    iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Australia

  • BHP BHP Group-6.0% 30d

    BHP Group (metal mining) is one of the largest Australia-based companies traded in the US, so news about Australia (“rba”) reaches its shares.

  • IREN Iren-35.6% 30d

    Iren (finance services) is one of the largest Australia-based companies traded in the US, so news about Australia (“rba”) reaches its shares.

  • MESO Mesoblast

    Mesoblast (biological products, (no diagnostic substances)) is one of the largest Australia-based companies traded in the US, so news about Australia (“rba”) reaches its shares.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
EWA+1.62%+1.58%baseafter closeafter closeafter closeafter close
BWX+0.16%+0.49%baseafter closeafter closeafter closeafter close
EFA+0.59%+0.25%baseafter closeafter closeafter closeafter close
BHP+5.35%+1.40%baseafter closeafter closeafter closeafter close
IREN+17.77%-2.10%baseafter closeafter closeafter closeafter close
MESO-9.41%+2.37%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

RBA rates have peaked but relief still a year away, say economists AFR

Source: AFR

How far Ishares Inc Msci Australia Etf (EWA) has moved since 4 Nov 2026

CompanyWhenMoveStatus
BHP Group (BHP)three days earlier+1.40%final price
BHP Group (BHP)five days earlier+5.35%final price
Spdr Series Trust (BWX)three days earlier+0.49%final price
Spdr Series Trust (BWX)five days earlier+0.16%final price
Ishares Tr (EFA)three days earlier+0.25%final price
Ishares Tr (EFA)five days earlier+0.59%final price
Ishares Inc Msci Australia Etf (EWA)three days earlier+1.58%final price
Ishares Inc Msci Australia Etf (EWA)five days earlier+1.62%final price
Iren Limited Ordinary Shares (IREN)three days earlier-2.10%final price
Iren Limited Ordinary Shares (IREN)five days earlier+17.77%final price
Mesoblast (MESO)three days earlier+2.37%final price
Mesoblast (MESO)five days earlier-9.41%final price

Members of Congress who traded Ishares Inc Msci Australia Etf (EWA) near this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Ishares Inc Msci Australia Etf (EWA)

Companies tied to this story

  • EWA Ishares Inc Msci Australia Etf

    In “RBA rates have peaked but relief still a year away, say economists,” Ishares Inc Msci Australia Etf (EWA) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Australia ETF holds stocks listed in Australia, which this story is about (“rba”)

  • BWX Spdr Series Trust

    For “RBA rates have peaked but relief still a year away, say economists,” Spdr Series Trust (BWX) is linked, with no stored direction, medium confidence. Reason on file: SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Australia

  • EFA Ishares Tr

    Ishares Tr (EFA) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “RBA rates have peaked but relief still a year away, say economists.” Reason on file: iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Australia

  • BHP BHP Group

    In “RBA rates have peaked but relief still a year away, say economists,” BHP Group (BHP) is linked, with no stored direction, medium confidence. Reason on file: BHP Group (metal mining) is one of the largest Australia-based companies traded in the US, so news about Australia (“rba”) reaches its shares

  • IREN Iren Limited Ordinary Shares

    For “RBA rates have peaked but relief still a year away, say economists,” Iren Limited Ordinary Shares (IREN) is linked, with no stored direction, medium confidence. Reason on file: Iren (finance services) is one of the largest Australia-based companies traded in the US, so news about Australia (“rba”) reaches its shares

  • MESO Mesoblast

    Mesoblast (MESO) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “RBA rates have peaked but relief still a year away, say economists.” Reason on file: Mesoblast (biological products, (no diagnostic substances)) is one of the largest Australia-based companies traded in the US, so news about Australia (“rba”) reaches its shares

Ishares Inc Msci Australia Etf (EWA)

On 4 Nov 2026, “RBA rates have peaked but relief still a year away, say economists” is the story that connects Ishares Inc Msci Australia Etf (EWA) to this story.

What ties Ishares Inc Msci Australia Etf (EWA) to the headline is this: iShares MSCI Australia ETF holds stocks listed in Australia, which this story is about (“rba”)

Spdr Series Trust (BWX) is here too. Its reason reads: SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Australia

Price levels for Ishares Inc Msci Australia Etf (EWA)

EFA traded between 102.00 and 104.68 across 6 sessions. The latest close on file is 103.46. EWA traded between 27.76 and 29.31 across 20 sessions. The latest close on file is 29.12.

What the saved facts support for Ishares Inc Msci Australia Etf (EWA)

46 out of 100

“RBA rates have peaked but relief still a year away, say economists” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.