need2know: Local shares to lift on US data

Updated August 28 2015 - 8:13am, first published 7:39am
Deutsche Bank says this reporting season has been positive for Australian steel companies, with BlueScope Steel (BSL) and Arrium (ARI) results ahead of expectations. Photo: Louie Douvis
Deutsche Bank says this reporting season has been positive for Australian steel companies, with BlueScope Steel (BSL) and Arrium (ARI) results ahead of expectations. Photo: Louie Douvis

Local shares are poised to end the week still higher after positive US economic data lifted Wall Street and bets that Chinese authorities will continue to intervene to steady stock markets.

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