10 Dec Australian shares set to open lower; NZ slips
Australian shares were likely to fall on
Thursday, weighed down by energy stocks, as a surprise rise in
U.S. crude inventories hit oil prices and raised concerns over
global demand outlook.
Meanwhile, the U.S. Federal Reserve left its key interest
rates on hold on Wednesday, in line with expectations, but
signalled that borrowing costs are likely to remain unchanged
indefinitely.
The local share price index futures fell 0.4%, a
27.6-point disc
Thursday, weighed down by energy stocks, as a surprise rise in
U.S. crude inventories hit oil prices and raised concerns over
global demand outlook.
Meanwhile, the U.S. Federal Reserve left its key interest
rates on hold on Wednesday, in line with expectations, but
signalled that borrowing costs are likely to remain unchanged
indefinitely.
The local share price index futures fell 0.4%, a
27.6-point disc
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