Investors push back rate cut expectations to November, Wall Street falls, US Treasury yields jump. $A slumps. NextDC prepares $1.3b capital raising. Avita cuts guidance. Follow here.
Shares poised to advance as US shares steady; Dubber CEO sacked; US Federal Reserve Bank of Atlanta president reiterated his expectation for one interest rate cut this year; gold extends rally. Follow updates here.
Australian shares are set to open higher. Coles and Woolies to hit trading after Emerson review. Qantas kicks off $448 million share buyback. Follow here for more.
A resurgent US dollar is exasperating central bankers and governments around the world, forcing them into action to relieve the pressure on their own currencies.
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