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KM Financial Solutions | Australian shares set for subdued open as Sino-U.S. trade tensions rise; NZ down
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Australian shares set for subdued open as Sino-U.S. trade tensions rise; NZ down

16 Jun Australian shares set for subdued open as Sino-U.S. trade tensions rise; NZ down

Posted at 22:13h in News by
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June 18 (Reuters) – Australian shares are likely to see a
tepid start to the week, as global sentiment sours following
U.S. President Donald Trump’s decision to impose new tariffs on
Chinese goods.
Trump announced tariffs on $50 billion of Chinese imports
starting on July 6, prompting Beijing to respond in kind,
escalating fears of an all-out trade war between the world’s two
largest economies.
The local share price index futures was flat at
6,100, a 6-point pre

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