10 Jul U.S.-China trade tensions may spook Aussie shares; NZ opens lower
Australian shares look to start lower on
Thursday, mirroring turmoil in global equity markets spurred by
prospects of a Sino-U.S. trade war.
Australian commodity stocks might bear the brunt of the fall
as oil and base metal prices also slumped after Washington
threatened to impose tariffs on an additional $200 billion worth
of Chinese goods.
The local share price index futures fell 0.1
percent or 8 points, to 6,166. The benchmark lost
Thursday, mirroring turmoil in global equity markets spurred by
prospects of a Sino-U.S. trade war.
Australian commodity stocks might bear the brunt of the fall
as oil and base metal prices also slumped after Washington
threatened to impose tariffs on an additional $200 billion worth
of Chinese goods.
The local share price index futures fell 0.1
percent or 8 points, to 6,166. The benchmark lost
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