Aussie Shares Are Diving After Double-Whammy From The US And China

The global selloff begins in Australia, where shares are down about 1% in early going?

What’s going on: Well, the US selloff, but also the tightening out of China will, at the margins, slow things a bit for China’s big supplier of raw materials.


NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at