Australian shares to open lower on recession fears; NZ falls
Australian shares are expected to decline
on Thursday, as weaker than expected U.S. payroll data piled on
to lingering global recession worries, while a drop in oil
prices may hurt local energy firms.
Global equities continued their slide after a report showed
U.S. private employers hired fewer workers in September, as the
labour market came under pressure amid Washington’s longstanding
tariff dispute with Beijing.
The Aussie share price index futures
on Thursday, as weaker than expected U.S. payroll data piled on
to lingering global recession worries, while a drop in oil
prices may hurt local energy firms.
Global equities continued their slide after a report showed
U.S. private employers hired fewer workers in September, as the
labour market came under pressure amid Washington’s longstanding
tariff dispute with Beijing.
The Aussie share price index futures
Posted by Reuters