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Morning Bell 12 December

Bell Direct
December 12, 2019

The Australian share market is expected to open lower this morning despite the gains we saw overnight in Wall Street. The Australian dollar hit a one-month high against the US dollar this morning after the US Federal Reserve, as widely expected, held interest rates steady.

In other news, online marketplace Redbubble has warned its growth is below target for the quarter and the world now has a new largest publicly listed company, with Saudi Aramco’s historic IPO yesterday.