Australia shares likely to edge lower at open on deepening Sino-U.S. tensions

Australian shares were set to open
marginally lower on Friday as rising tensions between China and
the United States weighed on risk sentiment, dragging Wall
Street down overnight.
U.S. President Donald Trump said Washington would react
strongly if Beijing imposes national security laws for Hong Kong
in view of last year’s pro-democracy protests, sowing doubts
over their Phase 1 trade deal.
The local share price index futures fell 0.1%, a
13.4