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US crude sinks: ASX poised to open higher

03 May 2019 – The ASX is set to open higher this morning. US stocks fell for a second day as investors took note of the Fed Reserve’s decision to leave rates unchanged. The US dollar rose. Treasury yields climbed. The price of oil dropped. Amcor (ASX:AMC) shareholders voted in favour of its $9.7b takeover of Bemis.

Source: Finance News Network

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