Lynas shares sink on demand worries. Shares add 0.7pc. Bond yields, US dollar retreat. Gold climbs. RBA tipped to lift rates Tuesday. Follow updates here.
The Australian dollar is in danger of hitting its lowest point this year as China’s growth target disappoints and weak local data may prompt the Reserve Bank of Australia to temper its policy stance at its meeting on Tuesday.
The Aussie will also be weighed by Federal Reserve chairman Jerome Powell and Reserve Bank of Australia governor Philip Lowe taking different policy stances this week, Commonwealth Bank of Australia said.
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