Australian Market Report of August 11: Look to Earnings Reports

  Sydney, Australia, Aug 11, 2009 - (ABN Newswire) - Wall Street finished slightly lower overnight after the US stocks hit a fresh high on Friday. Investors locked in profits ahead of economic data due to release this week, including monthly retail sales figures and the Federal Reserve's statement on interest rates and the economy.The Australian market yesterday ended with little change as investors were awaiting the corporate earnings this week.  

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