** Australian banks slide 2% to this their lowest since Feb. 22
** AXFJ is the top loser among all indexes and on track for its fifth straight day of losses, cutting YTD gains to 5.6%
** ASX 200 down 1.9% on the day, chopping YTD gains to a mere 0.1%
** Commonwealth Bank of Australia slumps as much 2% to A$112.39, lowest level since Feb. 14
** National Australia Bank , ANZ and Westpac lose up to 2% each
** Strong US economic data prompts investors to tone down their Fed rate cuts expectations
** Still, UBS says Aussie banks are set to deliver on their H1 expectations when they begin reporting results this week
(Reporting by Sameer Manekar in Bengaluru)
((Sameer.Manekar@thomsonreuters.com; Twitter: ))
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