Good morning, welcome to the ABC’s Markets Blog. I’m Sue Lannin.
Wall Street in in the red as investors await more profit results and the Federal Reserve’s expected interest rate rise this week.
The Dow Jones index is down 0.6 per cent and oil prices slumped with Brent crude losing 2 per cent of its value.
The Australian dollar has lost ground overnight as well and has fallen 0.7 per cent to 70.55 US cent.
Join me for all today’s markets news.
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