28 May Australia shares to slip; NZ falls
May 30 (Reuters) – Australia stocks are expected to fall on
Wednesday, in line with a global selloff in equities following a
rally in U.S. Treasury bonds and a brewing political crisis in
Italy.
A deepening political crisis in Italy, the euro zone’s third
biggest economy, fuelled a selloff in Italian assets and the
euro on Tuesday.
The local share price index futures slid 0.7
percent, a 45-point discount to the underlying S&P/ASX 200 index
close. The benc
Wednesday, in line with a global selloff in equities following a
rally in U.S. Treasury bonds and a brewing political crisis in
Italy.
A deepening political crisis in Italy, the euro zone’s third
biggest economy, fuelled a selloff in Italian assets and the
euro on Tuesday.
The local share price index futures slid 0.7
percent, a 45-point discount to the underlying S&P/ASX 200 index
close. The benc
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