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Australian shares slip as miners, tech stocks drag; RBA minutes in focus
Australian shares inched lower on Tuesday, dragged down by losses in miners and technology stocks, as investors awaited minutes from the Reserve Bank of Australia’s September meeting for clues on the interest-rate outlook. The S&P/ASX 200 index fell 0.2% to 8,767.80 points by 2333 GMT, after closing 0.8% higher in the previous session. Reserve Bank of Australia Governor Michele Bullock said late last month that some inflation risks had “materialised” and the central bank was prepared to raise rates further if needed. Markets are pricing in a 30% chance of a rate hike, with a hold still see...
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