ASX · 21 Oct 2026
ASX steadies after RBA warnings; NextDC collapses and banks lead gains
The ASX finished marginally higher after a volatile session, buoyed by bank strength but hit by a sharp sell-off in data centre operator NextDC. RBA deputy governor warnings about a worsening inflation outlook pushed traders to price a higher chance of a November rate move, lifting expectations of earlier further hikes.

