ASX 200 futures point down 3 points to 9178, tracking Wall Street's modest retreat from record highs. Brent oil surges 4.9% to US$87.68 a barrel on renewed Strait of Hormuz uncertainty, lifting inflation fears. RBA widely expected to hold cash rate at 4.35% at 2:30pm AEST, but economists warn Governor Bullock must keep hike door open. Westpac shares under pressure after flagging mortgage applications plunged 20% since May budget, signalling deepening...
