03 Sep Australia shares set to fall, NZ slips
Australia shares will likely open lower
on Wednesday, as energy stocks may feel the pinch of lower oil
prices and investors brace for an escalation in the U.S.-China
trade conflict.
U.S. President Donald Trump has told aides he is ready to
impose tariffs on $200 billion more in Chinese imports, while a
stronger dollar and report of rising stockpiles at the Cushing,
Oklahoma hub weighed on oil prices.
The local share price index futures fe
on Wednesday, as energy stocks may feel the pinch of lower oil
prices and investors brace for an escalation in the U.S.-China
trade conflict.
U.S. President Donald Trump has told aides he is ready to
impose tariffs on $200 billion more in Chinese imports, while a
stronger dollar and report of rising stockpiles at the Cushing,
Oklahoma hub weighed on oil prices.
The local share price index futures fe
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