ASX softens as further rate hikes loom - news.com.au

<p>The Australian sharemarket softened on Wednesday as the prospect of steeper-than-expected rate hikes both home and abroad sent equity investors heading for the stands. </p>

The negative market momentum triggered by Tuesdays RBA statement carried into a new session for ASX investors, with the local bourse having its worst day in three weeks.The Australian sharemarket sof… [+4181 chars]

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