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Australia shares to open larger; NZ opens flat

July 17 (Reuters) – Australian shares have been set to open larger on Monday, supported by an increase in oil costs and a constructive session on Wall Avenue final Friday. The Dow and S&P 500 hit report highs on Friday after information confirmed U.S. retail gross sales fell for a second straight month, pointing to tame inflation and mushy home demand that diminished prospects of a 3rd rate of interest enhance. Oil costs rose on Friday as U.S. oil producers added solely two rigs and on indicators of in

Reuters: Financial Services and Real Estate

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