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Morning Report 18 Jun 24: ASX to rise ahead of RBA interest rate decision
Manage episode 424163312 series 3531694
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US stocks rallied as the S&P 500 hit its 30th record high this year, with the Dow Jones rising by 0.5% and the tech-heavy Nasdaq up by 1%. Meanwhile, European markets saw modest gains amid political uncertainty in France, where fiscal concerns are impacting bond yields. Australian shares are set to rise, awaiting the Reserve Bank's policy decision amid fluctuating commodity prices and a stable Aussie dollar.
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