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Aus shares to extend on yesterday’s fresh high, Wall St rallies on Fed optimism

19 Jun 2019 – US stocks rally on Tuesday, as Trump is set to meet Xi Jinping at G-20, while Fed holds two day meeting. Iron ore price new fresh high $112. ASX futures eye rise of 0.6%, following yesterday’s 0.6% lift and a close at 6,570pts. Xenith IP (ASX:XIP) recommends shareholders accept IPH’s(ASX:IPH) takeover which values XIP shares at $2.15, a 73% premium. Venus Metals (ASX:VMC) goes ex-div.

Source: Finance News Network

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