investingLive Asia-pacific market news wrap: RBA introduces a clear hawkish bias

• RBA decision: Case rate set at 3.60% vs 3.60% expected
• RBA’s Bullock: Discussed circumstances in which we might have to tighten
• Full text of the RBA decision on Dec 9, 2025
• Australian November NAB business conditions +7 vs +9 prior
• UK BRC November retail sales +1.2% y/y vs +1.5% prior
• Trump threatens Mexico tariffs due water treaty violations

Markets:

• Gold flat
• WTI crude oil down 21-cents to $58.67
• US 10-year yields up 0.4 bps to 4.17%
• S&P 500 futures up 0.1%
• Nikkei up 0.2%
• AUD leads, CHF lags

This article was written by Adam Button at investinglive.com.