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Market Impact: 0.4
Australian shares hit over 3-month low as oil rally revives inflation worries
Source: reuters.com
Energy Markets & PricesInflationMonetary PolicyInterest Rates & YieldsInvestor Sentiment & Positioning
Australian shares fell to a more than three-month low as a sharp rise in oil prices reignited inflation concerns. Investors fear persistent inflation could require monetary policy to remain restrictive for longer, pressuring most equity sectors.
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