KM Financial Solutions | Australia shares set to start week higher, NZ edges up
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Australia shares set to start week higher, NZ edges up

Australia shares set to start week higher, NZ edges up

May 7 (Reuters) – Australian shares are expected to gain at
open on Monday, helped by strength seen in oil prices and U.S.
equities on Friday.
Brent crude oil ended on Friday up $1.25 at $74.87 a
barrel as global supplies remained tight and the market awaited
news from Washington on possible new U.S. sanctions against
Iran.
Meanwhile, the three major U.S. stock indexes rose more than
1 percent after weaker-than-expected U.S. wage growth helped to
calm investor fears

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