Australian Associated Press: Aust shares near three-month low as rates keep rising

Australian Associated Press: Aust shares near three-month low as rates keep rising The local share market is on track for its fourth straight day of losses amid concerns about the state of the global economy and an armed rebellion in Russia. At lunchtime AEST on Monday, the benchmark S&P/ASX200 index was down 23.7 points, or 0.35 per cent, to 7,074.7, while the broader All Ordinaries was down 24.9 points, or 0.34 per cent, to 7,260.7. Corpay Cross-Border Solutions' Currency Strategist for the APAC market, Peter Dragicevich, shared that risk markets were under pressure at the end of last week as global recession concerns rattled nerves. Read more here: https://au.news.yahoo.com/aust-shares-sink-again-economy-025636124.html