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Australian share market tumbles after U.S. inflation data release

september 14, 2022by Reacties uitgeschakeld voor Australian share market tumbles after U.S. inflation data release

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SYDNEY, Sept. 14 (Xinhua) — The Australian share market tumbled on Wednesday morning after huge losses on Wall Street triggered by higher-than-expected inflation data of the United States.

More than 60 billion Australian dollars (about 40.5 billion U.S. dollars) has been wiped off the value of Australian shares after U.S. inflation rose faster than expected in August, prompting fears of more aggressive interest

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