The Aussie dollar hits another six-year low amid ongoing concerns about China and speculation over a possible US interest rate rise The Australian share market fell at the start of trading on Monday amid continued uncertainty about the Chinese economy and US interest rates.
The S&P/ASX200 dipped more than 1% points to 4985 points after falls final week on Wall Street and in Europe. The Nikkei in Tokyo also opened down 130 points or 0.7% as Asian investors nervously eye the reopening of the Chinese markets after a four-day break for final weeks military parade in Beijing. Related: China's central bank governor says yuan has stabilised against the dollar Related: The Guardian view on global currencies: it’s the economy, silly | Editorial Continue reading...
Source: theguardian.com