ASX 200 down 1.9%, banking, mining companies hit as international markets lost ground

ASX 200 closed 1.9 per cent lower as investors dumped banking and mining. Bearishness followed falls in iron ore and international markets.

Fears are growing in global markets that central banks may soon begin winding down stimulus measures. Picture: AAP

Welcome to the Trading Day blog for Thursday, September 9. The ASX 200 closed 1.9 per cent lower as investors dumped banking and mining stocks after iron ore fell and overseas markets closed weaker. Bitcoin steadied. Oil higher. Fortescue raised to Buy at Citi.

The S&P 500 fell 0.1 per cent, the Dow retreated 0.2 per cent and the Nasdaq lost 0.6 per cent. Bitcoin recovered after some wild swings and aluminium prices hit a 13-year high after the coup in top global producer Guinea.

RBA deputy governor Guy Debelle speaks at an online conference this evening (6.35pm AEST).

Originally published as ASX 200 down 1.9%, banking, mining companies hit as international markets lost ground

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