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Australian Associated Press

Australian Associated Press was formed in 1935 as the national news agency of Australia. Today AAP is Australia's largest independent originator and aggregator of news and information, serving the media, government, business and financial markets.

AAP's media intelligence division; Medianet, leverages this foothold in the Australian media to distribute press releases and media statements nationwide.

AAP Medianet is the most reputable press release distribution service in Australia offering direct access to newsrooms and journalists with publishing to the AAP Newswire and to the Medianet website, dissemination via email, SMS and other online publishing options. Medianet also offers an industry-unique news release review service where-by our editorial team review and score press releases for their newsworthiness for the media industry.

Internationally, as an AsiaNet member, Medianet communicates directly with 33 countries across the Asia-Pacific region and beyond, through its exclusive links with leading news release organisations in Europe and the United States.

AAP Medianet

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Latest Press Release
ASX STOCK: Photo File - The indicator board at the Australian Securities Exchange (ASX) as seen in Sydney, Tuesday, February 5, 2019. (AAP Image/Dan Himbrechts)

ASX STOCK: Photo File - The indicator board at the Australian Securities Exchange (ASX) as seen in Sydney, Tuesday, February 5, 2019. (AAP Image/Dan Himbrechts)

FED: ASX to open flat as trade war worries grow


Sunday, June 16, 2019.


The Australian share market is tipped to have a lacklustre start to the week ahead after continued nervousness over the US-China trade war dampened US and European markets.

The worry has set the ASX up for a weak kickoff on Monday, which AMP Capital's chief economist Shane Oliver expects to open flat to 10 points or 0.1 per cent up.

The ASX200 Futures is up eight points or 0.1 per cent.

"(We've got) a soft lead-in from Wall Street generally as trade issues continue to cause uncertainty for investors," he told AAP on Sunday.

At the close on Friday, the Dow Jones index was down 0.1 per cent and the S&P500 was 0.2 per cent lower.

The ongoing concerns have also weighed on the Australian dollar, which fell 0.6 per cent against the greenback late on Friday after US retail trade figures for May were higher than expected.


SOURCE: AAP Newswire