KM Financial Solutions | Australian shares set to open lower; NZ down

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Australian shares set to open lower; NZ down

15 Dec Australian shares set to open lower; NZ down

Posted at 21:09h in News by KMFSLLP 0 Comments

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Australian shares are set to open lower
on Monday, following weak Chinese economic data at the end of
last week which dampened sentiment and intensified global growth
worries.
China’s November retail sales grew at the weakest pace since
2003 and industrial output rose the least in nearly three years,
underlining risks to the world’s second-largest economy as
Beijing works to defuse a trade dispute with the United States.

Australia’s share price index f