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Australian shares ‘under pressure’ as rate hike fears grow

visibility comment0 event January 22, 2026 timer 20:06

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CommSec’s Ryan Felsman says Australian shares are likely to be “under pressure,” with SPI futures pointing down 0.1 per cent on Friday.

“That is on the back of the fact we had a strong employment report yesterday in Australia. 65,200 jobs were created in the month of December,” Mr Felsman told Sky News Australia.

“Markets are now pricing in a 60 per cent chance of a rate hike in February.”

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