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ASX futures turn negative on belated Wall St retreat

Australian stocks are poised to start straight straight down as Wall Street’s rally had been cut brief by remarks from Federal Reserve chairman Jerome Powell.

ASX futures had been down 10 points or 0.1per cent to 6954 at about 8.30am AEDT. The regional currency traded 0.2percent reduced.

Fed policymakers earlier instantly opted to help keep the central bank’s key price range unchanged, needlessly to say. Continua a leggere