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ASX falls 1.8pc on escalating rate hike fears – The Australian Financial Review
The sharemarket shed 133.6 points on Monday, dragged lower by Commonwealth Bank which dived 5.4 per cent on saying it will sell…
A potentially less-accommodative Fed is also driving a reversal of the reflation trade, with so-called value stocks underperforming their growth counterparts.
On the local market, the financials sector dragged the benchmark index lower, led by a 5.4 per…
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