Australian sharemarket futures point to a fall of 36 points, or 0.4 per cent, at the open following a retreat on Wall Street.
The Australian dollar was trading at US71.60¢, according to markets reporting, Stan Choe reports for SMH business (AU).
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Update · 08:02 am AEST · 31 August 2026
ASX set to slide as Wall Street retreats; Fed chief talks up inflation fight
The bond market swung as investors built bets that the Federal Reserve may hike interest rates soon to get the nation’s high inflation under control.
smh.com.au