Australian shares fall as Asian markets make nervous opening

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 4,985 points after falls last 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 last week’s military parade in Beijing.

Continue reading…
Source: The Guardian Circular Economy RSS