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    ASX set to drop 1.3pc; US Fed officials hint at end to rate rises

    Natasha Rudra
    Natasha RudraOnline editor

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    Australian shares are set to open lower after a Wall Street tech rally lost momentum and investors continued to fret over Jackson Hole. Bond yields rose. Two US Fed officials said the central bank could be close to done with rate rises.

    ASX futures were down 91 points, or 1.3 per cent, to 7039 near 7.30am AEST.

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