ASX Edges Higher on Oil Dip, but Rate Hike Storm Looms

ASX 200 futures point to an 18‑point gain at the open, nudging the index toward 8822 – a fragile upward move that’s more about a dip in oil prices than any domestic optimism.

Money Moves

• Oil's retreat provides brief relief – Brent crude fell below $US98 a barrel before settling at $US99.66, a welcome drop from last week’s near‑$110 highs that offered the ASX a lifeline.
• Rate hike chorus grows louder – The AFR reports the RBA’s...