Live: ASX set to rise after US, European stocks gain

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Local stocks are poised to add to Monday's gains. Incoming RBA governor Michele Bullock will speak after the close of trade. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

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It follows US markets making gains overnight, while Europe's Stoxx 600 posted its best rise in a month.yesterday, where news of more stimulus measures from Beijing to support housing and stock trading buoyed trade.incoming Reserve Bank governor Michele Bullock speaking in Canberra this eveningwill be closely-watched for any clues about the RBA's path ahead of her taking over the top job mid-September.Mon 28 Aug 2023 at 9:01pmAustralian dollar: +0.5% to 64.29 US centsEuroStoxx: +1.

 

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