Australian shares are set to open modestly down. Wall Street closed. Commodities little changed. Bitcoin steady near $US43,000. Iron ore extends retreat.
Sentiment swiftly turned negative after a poorly received US bond auction and higher for longer rate comments from Fed boss Jerome Powell. $A below US64¢.
Australian shares are set to open lower. US shares opened higher to start their week, then faltered. RBA decision in focus. Iron ore eyes $US124 a tonne.
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