Wall St falls in wild session: ASX to edge higher
20 May 2021 - The ASX is to edge higher following Wall St closing its third straight session in the red. The market downturn was triggered on the back of China’s regulators crackdown on cryptocurrency, warning financial institutions to not participate in any crypto-related business. Adding to the sell-off, the US Federal Reserve minutes were released which showed first signs that the central bank might tighten policy if the economy shows “rapid” progress. Macquarie downgrades St Barbara (ASX:SBM). Auckland...