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WORLD FINANCE UPDATE:

The Australian share market looks set to open unchanged with many markets around the world closed for the Christmas period and thin trade among the others over the holiday break.

At 0700 AEDT on Wednesday, the share price futures index was steady, untraded at 6,026.

Meanwhile, the Australian dollar is higher against a little changed US counterpart.

The local currency was trading at 77.29 US cents at 0700 AEDT on Wednesday, from 77.14 on Friday.

ELSEWHERE:

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