ASX to rise with key earnings, central bank decisions ahead

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Australian shares are set to open higher after further gains in New York. Meta, Alphabet and Apple report this week. Federal Reserve decision early Thursday.

Australian shares are poised to open higher, bolstered by further gains in New York as Tesla rallied sharply for a second session.

The US Federal Reserve will issue a statement at 6am AEDT on Thursday, the Bank of England at 11pm AEDT on Thursday and the European Central Bank’s decision will be at 12.15am AEDT on Friday. Policymakers at each bank are expected to vote for rate increases.The local currency slipped, though its holding at US71¢; the Bloomberg dollar spot index edged up.The yield on the US 10-year note was 1 basis point higher to 3.

 

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