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Live: Wall Street rallies as investors eye inflation, ASX set to rise as profit reporting season continues

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Good morning, welcome to the ABC Markets Blog. I’m Sue Lannin.

Wall Street has rallied overnight as investors await the latest inflation numbers out of the US.

The Dow Jones index is up 1 per cent to 34,208 at 7:30am AEDT, while the Australian dollar is higher at around 69.65, up 0.7 per cent.

The National Australia Bank business survey is coming up later today.

Grab a coffee and let’s go!

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