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Yesterday we saw the Aussie market hit a 6-week high after rising for three days and lifting 0.8% – attempting to play catch up with global equities. Today, the futures are suggesting a small lift of 0.04%.
The IMF raised global growth forecasts from 5.2% to 6%. That’s the quickest growth rate since 1980. For Australia it sees our economy growing at 4.5%.
What to watch today
Trading ideas: