Aust stocks to open flat

After sharp falls in its previous session, the Australian stock market looks set to open flat following gains on US and European bourses on encouraging manufacturing data out of Europe.

After sharp falls in its previous session, the Australian stock market looks set to open flat following gains on US and European bourses on encouraging manufacturing data out of Europe.

At 0647 AEST, the September share price index futures contract was unchanged at 4,688.

In economic news on Tuesday, the Reserve Bank of Australia holds its monthly board meeting and makes its interest rate decision.

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