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Inflation fears drag ASX to a four-week low

ASX follows Wall Street lower, defensive rotation, Graincorp beats expectations The ASX200 (ASX:XJO) has followed Wall Street lower, falling 0.9%, after higher-than-expected inflation figures spooked investors overnight. Short-term traders are betting that the Federal Reserve will be forced to increase interest rates earlier than expected, suggesting long-term growth companies will be worth less as a result. The selling pressure…
The Inside Adviser | 13th May 2021 | More
ASX 200 expected to rise, 5 ASX shares to watch

Wednesday proved to be another wild day for markets with Australia’s ASX 200 index down over 1% at the open, only to rally 2% and finally finish 5 points down as the session ended.
Drew Meredith | 28th May 2020 | More