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Live: ASX set to fall after sharp drops on Wall Street, AUD down
Key takeaways
- Both US indexes dropped sharply from record highs in their last trading sessions.
- The cost of oil is rising in the wake of uncertainty around the Iran war, with Brent Crude trading at above $US109 a barrel after a surge of more than 3 per cent.
- Follow the day's financial news and insights from our specialist business reporters on our live blog.
Why this matters: an international story with cross-border implications worth tracking.
Link copied Share Share article Australian markets are set to begin the week in negative territory, with ASX 200 futures pointing to a drop of 0.4 per cent on Monday.
Both US indexes dropped sharply from record highs in their last trading sessions.
The cost of oil is rising in the wake of uncertainty around the Iran war, with Brent Crude trading at above $US109 a barrel after a surge of more than 3 per cent.
Article preview — originally published by ABC Australia. Full story at the source.
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