Australian Market Report of June 25: Imminent Recovery Unlikely

  Sydney, Australia, June 25, 2009 - (ABN Newswire) - Overnight in the US market, the Dow index tumbled for the fourth day but other indexes rose. The Federal Reserve said the economy was unlikely to have notable recovery any time soon, but the contraction pace was slowing.The Australian shares Wednesday closed slightly higher ahead of the US Federal Reserve's monetary outlook meeting. The benchmark S & amp;P/ASX200 index gained 10.1 points, or 0.  

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