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Australian Diary: Everything you need to know about the week ahead for markets
The US Federal Reserve will take centre stage this week with its September rates announcement on Wednesday night. The local data calendar is pretty quiet heading into month-end. The Aussie dollar will start the week at 0.7291 US cents, unchanged from the previous session. All the action in currency markets was with the UK pound, which slumped by almost 1.5% following a Brexit speech by UK Prime Minister Theresa May. US stocks were flat after hitting new record highs on Thursday, as markets continued to brush of the US-China trade tensions. ASX futures closed 23 points lower ahead of Mondays’s open. Most of the big ... (full story)