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Investors look to US for direction

June 28, 2018
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OIL prices and economic figures from the United States are expectedto set the tone for the Australian sharemarket this week. – (Sydney Morning Herald — 17 September, 2006)
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Events in China will decide whether the commodity price downturnthat began four months ago is a blip or the end of a four-yearperiod of irrational exuberance. – (The Age — 18 September, 2006)
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The Federal Reserve left a key interest rate unchanged on Wednesday as falling energy prices helped to restrain inflation pressures. (International Herald Tribune — 5 hours ago)
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Australian stocks have ended the day higher, echoing a lead set inthe United States last week, with banks heading the charge upwards. – (Sydney Morning Herald — 18 September, 2006)
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Asian stocks rose on Thursday as investors bet the U.S. Federal Reserve has finished raising interest rates after it left its target rate unchanged at 5.25 percent for a second straight time, but energy stocks dipped on weaker oil. (CNN — 56 minutes ago)
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