Trade tensions ease, Wall Street rallies: Aus shares to open higher
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27 Mar 2018 - Following positive leads from US markets, the Australian share market looks set to open higher. Wall street rallied yesterday as fears of a trade war eased. There are hopes the US and China will negotiate a deal. Iron ore producer Fortescue Metals (ASX:FMG) has announced a voluntary redemption notice of about US$1.6 billion in relation to the 9.75 per cent senior secured notes due in 2022.
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SUMMARY
27 Mar 2018 - Following positive leads from US markets, the Australian share market looks set to open higher. Wall street rallied yesterday as fears of a trade war eased. There are hopes the US and China will negotiate a deal. Iron ore producer Fortescue Metals (ASX:FMG) has announced a voluntary redemption notice of about US$1.6 billion in relation to the 9.75 per cent senior secured notes due in 2022.
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