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Aussie Shares on Track for Fourth Straight Losing Week
Renewed bond-market pressure and a 3.8% jump in Brent futures lifted inflation fears and pushed traders to price a 70% chance of a Fed hike.
Summary by The West Australian
5 Articles
5 Articles
ASX to fall as bond market turmoil deepens, oil jumps
The ASX is set to fall as a global bond sell-off deepens, with US yields hitting multi-decade highs as oil and inflation fears build. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
·Ultimo, Australia
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ASX 200 Falls for a Second Straight Day as Global Bond Sell-Off Deepens and Oil Prices Climb Ahead of RBA
The ASX 200 fell 0.44% on Friday, extending losses as rising global bond yields, elevated oil prices and mixed Australian economic data clouded the outlook before the RBA's rate decision.
·New York, United States
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Total News Sources5
Leaning Left1Leaning Right2Center1Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 25%
C 25%
R 50%
Factuality
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