ASX to rise as focus shifts to Washington and the Federal Reserve - The Australian Financial Review

Australian shares are set to edge higher at the open. But hopes are likely to be checked until its clearer where US interest rates are heading.

The key level to hold into next weeks [Fed policy] meeting lies at lows from two weeks ago at 4114 but initially 4157 is important, Newton said. The S&P 500 closed at 4204 on Friday. Today's age… [+10286 chars]

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