The Australian sharemarket fell sharply on Friday as a 5.6 per cent plunge in BHP shares weighed heavily on the ASX 200, offsetting gains from CSL, energy stocks and the major supermarkets. BHP's decline followed a cost blowout at its Canadian potash project, although the mining ...Show more
US points to higher interest rates as markets fall
SBS Finance Editor Ricardo Gonçalves speaks with Equity Trustees Chief Investment Officer Darren Thompson about the next move in US interest rates after the Federal Reserve left them on hold, along with his outlook for the market.