Aussie follows Wall St lower

Nov 11, 2021 | Daily Market Report Australia

The Australian sharemarket has extended recent losses, following a weak lead from Wall Street. Data released overnight showed US inflation rose at an annual pace of 6.2% in October – the highest result in 31 years, notes CommSec. Investors are now worried the US Federal Reserve might need to be more aggressive in winding back […]

 


 

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