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Australian shares slip in early trade as investors await Federal Budget and Reserve Bank meeting – ABC News
Australian stocks have lost their early gains as investors look toward tonight’s Federal Budget, despite a jump on Wall Street as US President Donald Trump left…
The Australian share market slipped in early trade after opening higher as investors await more coronavirus stimulus spending in tonight’s Federal Budget and the latest meeting of the Reserve Bank.
Key points:
- S&P500 rises 1.8 per cent, Nasdaq jumps 2.3 per cent
- US investors hopeful about new stimulus and Donald Trump’s recovery
- Reserve Bank expected to keep rates on hold as Federal Budget handed down
US President Donald Trump left hospital and returned …
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