The US Federal Reserve has cut interest rates and has signalled one more reduction in 2026. In company news, GE Vernova surged as AI-driven demand supported higher dividends and buybacks, while Amazon’s growing grocery momentum pressured shares of Instacart and DoorDash. In commodities, oil rose after the Trump administration seized oil tankers off the Venezuelan coast, and copper and iron ore rebounded on China stimulus hopes. Back home, Aussie shares are expected to open higher ahead of key jobs data.

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