PM 15 Oct 26: November rate hike?

The Australian share market closed nearly flat Thursday after a volatile session marked by weak employment data. Mining stocks slumped while financials rallied, offsetting losses. Market focus shifted to interest rate expectations, with weaker-than-expected job numbers reducing bets on further RBA hikes this year. Upcoming inflation data and US earnings remain key catalysts for direction ahead.

Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean.

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