ASX 200 set to plunge at market open

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Sky News Business Reporter Edward Boyd says it was a “tough night overnight for US markets” as Wall Street tumbled.

“There were a lot of nervous investors overnight in the US selling shares in response to those

inflation numbers and ahead this US Federal Reserve interest rates meeting later this week,” Mr Boyd said.

 

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This economic crisis hasn’t been created by overnight. truth

That’s an understatement.

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ASX to plunge more than 4pc, US stocks enter bear marketAustralian shares are set to drop sharply at the open, resetting lower in line with falls overseas. Bitcoin sheds 15 per cent. $A below US69.30¢.
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