THE Australian share market is expected to start the day mostly flat, after US stocks gave up gains made earlier in the session. At 0730 AEDT on Thursday, the share price futures index was down four points, or 0.07 per cent, at 5,977.
The Australian dollar on Thursday is lower, extending the losses that started after the release of weaker than expected inflation figures on Wednesday. At 0730 AEDT, the local currency was worth 80.58 US cents, down from 80.90 cents on Wednesday.
WORLD FINANCE UPDATE:
WASHINGTON The US Federal Reserve has kept interest rates unchanged anticipate inflation will rise this year, in a sign it is still on track to raise borrowing costs again in March under incoming central bank chief Jerome Powell.
LUXEMBOURG Annu…
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