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ABC News
ABC News
Business
business reporter Sue Lannin, wires 

SHOCKING: Live asx set to fall after wall street loses ground as us debt ceiling negotiations drag on with little progress | Mind Blowing Facts

Miners have weighed on the ASX along with worries about US debt ceiling negotiations, and the Commonwealth Bank has lifted interest rates on variable rate home loans. 

Meanwhile, New Zealand's Reserve Bank has raised official rates by 0.25 per cent to 5.5 per cent, the highest level in more than 14 years. 

Disclaimer: this blog is not intended as investment advice.

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