13 Oct Australian shares set for soft start, NZ inches up
Australian shares were set to open lower
on Tuesday as optimism surrounding U.S.-Sino trade talks
receded, adding to weak economic readings from top trade partner
China.
Resource stocks could weaken as soft export and import data
from China pointed to dwindling demand in the country for metals
and other industrial materials.
The local share price index futures fell 0.5%, a
51.6-point discount to the underlying S&P/ASX 200 index
close.
on Tuesday as optimism surrounding U.S.-Sino trade talks
receded, adding to weak economic readings from top trade partner
China.
Resource stocks could weaken as soft export and import data
from China pointed to dwindling demand in the country for metals
and other industrial materials.
The local share price index futures fell 0.5%, a
51.6-point discount to the underlying S&P/ASX 200 index
close.
Sorry, the comment form is closed at this time.