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Market wrap

The Australian stock market is higher amid growing expectations the Reserve Bank of Australia will cut interest rates.

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Read more: AustraliaOilReserve BankAll OrdinariesANZCommonwealthDiversified mining giant BHP BillitonEconomicsFortescue MetalsIG market strategist Stan ShamuMr ShamuNational Australia BankRio TintoS&P/ASX200SantosTelstraTuesdayWall StreetWestpacWoodside Petroleum