KM Financial Solutions | Australian shares set to gain on upbeat China trade comments; NZ up

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Australian shares set to gain on upbeat China trade comments; NZ up

28 Aug Australian shares set to gain on upbeat China trade comments; NZ up

Posted at 22:07h in News by KMFSLLP 0 Comments

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Australian shares looked set to rise on
Friday, in line with Wall Street peers, as China’s optimistic
comments about trade negotiations with the United States buoyed
risk sentiment.
U.S. stocks jumped more than 1% overnight after China’s
Commerce Ministry said Beijing and Washington were discussing
the next round of face-to-face talks scheduled for September.

The local share price index futures added 0.7% to
6,528.0, a 20.6-point premium to the under