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RBA Interest Rate Decision Looms Amid Global Market Gains

The Reserve Bank of Australia's board will announce its June interest rate decision at 2:30pm AEST, followed by a press conference with Governor Michele Bullock. Global markets, including Wall Street, saw gains buoyed by a US-Iran ceasefire agreement and a rally in SpaceX shares, partly due to an investment by Gina Rinehart's Hancock Prospecting. Despite overseas optimism, ASX futures suggest a potential dip at the local open.

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