Monthly Archives: January 2019

US stocks surge: ASX set to open higher

31 Jan 2019 - Australian shares are set to rise for a second day as US stocks surged as the Fed signaled a dovish turn in its latest policy statement. Iron ore rose as did base metals. Spot gold also saw a rebound. And IMF Bentham (ASX:IMF) says investors in Rest of the World Funds have agreed to commit an additional $30 million in aggregate.