#aussiedollar

US sharemarkets tumbled on Tuesday as investors weighed US economic data showing rising labour costs and deteriorating consumer confidence on the eve of a key US Federal Reserve policy meeting to decide the direction of interest rates. Rising US bond yield

US sharemarkets rose on Wednesday after a sell-off in the prior session on a hot inflation report. Nvidia briefly overtook Alphabet's market capitalisation, days before the poster child of AI boom is due to report its fourth quarter results. Nvidia's share

The Australian share market has edged lower with miners tumbling because of plunging iron ore prices. But investors' main focus has been the latest consumer inflation data out later this week. Subscribe: http://ab.co/1svxLVE Read more here: https://ab.co/3