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ASX to rise, US central bank in focus – The Australian Financial Review
Australian shares are set to open higher. US stocks ended modestly higher as investors await the outcome of a Federal Reserve policy meeting.
Today’s agenda
Local: Westpac leading index August; NZ current account second quarter
Overseas data: Euro zone July trade balance; UK August CPI; US July business inventories and Total net TIC flows, August retail sales, NAHB housing market index September, Federal Reserve policy decision at 4am AEST Thursday
Market highlights
ASX futures up 44 points or 0.8% to 5941 near 7am AEST
- AUD +0.2% to 73.00 US cents (Overnight peak 73.43)
- On Wall St: Dow flat S&P 500 +0.5% Nasda…
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