Aussies brace for ASX bloodbath

Aussies brace for ASX bloodbath

Investors are bracing for the ASX to plunge on Friday morning after the US market shed billions in a single day.

US markets posted their greatest each day proportion stoop in weeks after the Federal Reserve raised rates of interest by 50 foundation factors.

Each of the most important markets closed with sharp losses on Thursday, as fears of a recession plagued the nation.

The ASX SPI 200 futures fell 1.12 per cent forward of the market opening in Australia at 10am AEST.

More to return

Originally revealed as ASX anticipated to comply with US market plunge