KM Financial Solutions | Australia shares set to fall on Sino-U.S. trade jitters; NZ down

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Australia shares set to fall on Sino-U.S. trade jitters; NZ down

05 Dec Australia shares set to fall on Sino-U.S. trade jitters; NZ down

Posted at 21:18h in News by KMFSLLP 0 Comments

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Australian shares were poised to slip
lower on Friday in line with global stocks, after the arrest of
a top Chinese technology executive further strained Sino-U.S.
trade relations and stoked worries over global trade outlook.
Miners will likely underpin losses on the benchmark, as
weakness in iron-ore and copper prices lent added pressure, with
benchmark copper hitting a three-week low on Thursday.

The local share price index futures fell 0.