18 Jun Weaker Aussie dollar set to help Australian shares open higher; NZ down
June 20 (Reuters) – Australian shares are expected to climb
on Wednesday, amid rising trade tensions jolting global markets,
as the weakness in the Aussie dollar could prop up healthcare
stocks.
The Australian dollar sank to one-year lows on Tuesday, as
trade tensions dimmed the outlook for global growth, but
declining commodity prices are likely to weigh on resource
stocks.
The local share price index futures rose 0.6
percent, a 39.9-point premium to the underlyi
on Wednesday, amid rising trade tensions jolting global markets,
as the weakness in the Aussie dollar could prop up healthcare
stocks.
The Australian dollar sank to one-year lows on Tuesday, as
trade tensions dimmed the outlook for global growth, but
declining commodity prices are likely to weigh on resource
stocks.
The local share price index futures rose 0.6
percent, a 39.9-point premium to the underlyi
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