15 Aug Australian shares set for sluggish open, NZ edges higher
Australian shares are set to open
unchanged on Friday, though signs of a recovery in base metal
prices overnight may spur investors to buy into the materials
space.
Industrial metals prices regained ground on Thursday as
planned trade talks between China and the United States and a
recovery in Turkey’s currency rekindled appetite for riskier
assets and weakened the dollar.
The local share price index futures was a mere 2
points lower, a 48.3-point
unchanged on Friday, though signs of a recovery in base metal
prices overnight may spur investors to buy into the materials
space.
Industrial metals prices regained ground on Thursday as
planned trade talks between China and the United States and a
recovery in Turkey’s currency rekindled appetite for riskier
assets and weakened the dollar.
The local share price index futures was a mere 2
points lower, a 48.3-point
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