Australia shares set for subdued open; NZ rises

Australian shares are expected to open
little changed on Friday ahead of the final hearings in a
government-backed inquiry into the financial sector that has
exposed wrongdoing at the country’s major banks and among wealth
managers.
The market is also likely to be cautious ahead of a meeting
between U.S. President Donald Trump and his Chinese counterpart
Xi Jinping, after Trump made contrasting statements with regards
to reaching a trade deal with Beijing.