Australian shares are poised to rise on Monday as investors wait on new inflation data – and whether oil production will fall – to guide their forecasting on whether the Reserve Bank will hike interest rates again.
ASX futures suggest shares will open 0.2 per cent higher, setting the stage for a strong recovery in November. The S&P/ASX 200 is on course for its biggest monthly jump since January, up 3.8 per cent.
