Australian shares are set to rise as Wall Street rose overnight and the Bank of Canada’s decision to cut rates by 25 basis points for the first time since March 2020 increases hopes for the European Central Bank to follow. Australian shares are set to rise as Wall Street rose overnight and the Bank of Canada’s decision to cut rates by 25 basis points for the first time since March 2020 increases hopes for the European Central Bank to follow. Banking, Currency, Financial Markets, Money and Monetary Policy, Retail Industry, Stockmarket, Tax, Business, Economics and Finance, Economic Trends, Company News, Cryptocurrency Latest business news