The sharemarket is set to climb on Monday following a strong session on Wall Street after a softer inflation report bolstered expectations of an imminent interest rate cut from the US Federal Reserve.
Futures suggested the S&P/ASX 200 will open 26 points higher, or 0.3 per cent, to 9061 ahead of a pivotal week for financial markets that includes a key inflation report in Australia and a highly anticipated showdown between US President Donald Trump and China’s Xi Jinping.
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