02-04-2015 04:12 via news.yahoo.com

Australia shares rise on expectations for a rate cut on Tuesday

SYDNEY/WELLINGTON, April 2 (Reuters) - Australian shares rose on Thursday as investors shrugged off a fall on from Wall Street and bought bank stocks amid growing expectations of a rate cut within days. The Reserve Bank of Australia is expected to announce its second rate cut of 2015 when it meets on Tuesday, the next trading day after markets close for the Easter weekend. Banks led the gains, with lending majors Commonwealth Bank of Australia, Australia and New Zealand Banking Group and Nationa
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