ASX to fall, Wall St drops as oil surges - Markets - The Australian Financial Review

Australian shares are set to follow overseas counterparts lower as oil’s rise renewed inflation worries. Iron ore reaches for $US145 a tonne.

The yield on the US 10-year note dropped 10 basis points to 1.72 per cent near 4.20pm in New York. Germanys equivalent ended down 0.08 per cent. On Wall Street, energy was the sole advancer among th… [+7460 chars]

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