07 Jul Australia shares set to open flat; NZ slips
Australian shares are set to open little
changed on Tuesday, as gains from the mining sector, stemming
from expectations of strong iron ore demand, are likely to be
capped as investors worry the U.S. Fed may not lower interest
rates this month.
The local share price index futures inched 0.015%
higher, a 56.2-point discount to the underlying S&P/ASX 200
index close. The benchmark slid 1.2% to 6,672.20 on
Monday.
New Zealand’s benchmark S&P/NZX 50 in
changed on Tuesday, as gains from the mining sector, stemming
from expectations of strong iron ore demand, are likely to be
capped as investors worry the U.S. Fed may not lower interest
rates this month.
The local share price index futures inched 0.015%
higher, a 56.2-point discount to the underlying S&P/ASX 200
index close. The benchmark slid 1.2% to 6,672.20 on
Monday.
New Zealand’s benchmark S&P/NZX 50 in
Sorry, the comment form is closed at this time.