Asian equity markets slipped, with Hong Kong down 1.4% and regional indices falling amid heightened Iran‑Strait of Hormuz tensions.
Australia’s ASX 200 dropped 0.4% after the Reserve Bank raised rates by 25 basis points, its third hike this year.
The RBA warned that Middle‑East conflict could boost inflation and curb growth, sharply raising its CPI outlook and cutting 2026 growth forecasts.
Westpac fell 1.8% on first‑half profit miss and Regis Resources slid 4.9% after announcing a takeover of Vault Minerals.