ASX hits 3 month low, Albanese does German deal, Sportsbet $64m spend in 18 months
FEAR & GREED | Business News
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The Australian Share Market Has Falled to Its Lowest Level in More Than Three Months
The S&P ASX 200 closed down 1.5% to just over 7,000 points on Friday. The market is down nearly 7% since it is high early in the year. Chinese inflation figures released show that China has almost no inflation. That obviously hurts our big iron ore miners and all sorts of companies. There are also fears of a recession in the US and here in Australia.
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