Futures point to 0.4 per cent drop as traders ramp up September rate rise bets; higher bond yields drag on bullion; bitcoin below $US80k, $A falls; Follow live

Futures point to a weak start for the sharemarket on Monday as traders recalibrate their rate bets both in the United States and Australia.

US Federal Reserve chair Kevin Warsh's warning about entrenched inflation sparks a slide on Wall Street that is likely to impact the ASX. Follow the day's events and insights from…