Business
ASX to fall, Wall St closes down, $A surges – The Australian Financial Review
Australian shares are poised to drop at the open with Wall Street ending lower. $A surges more than 1pc. Copper surges too.
Also checking sentiment were continuing poor COVID-19 virus data from both Europe and the US.
“The deterioration in the situation in Western Europe continues apace,with cases rocketing and hospitalisations and deaths rising in theirwake,” Pantheon Macroeconomics’ Ian Shepherdson said in a note. “Governments are responding with new restrictions, some national andsome region-specific, but so far we see no evidence that these changes areslowing the rate of increase in new cases, never mind bringing…
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