Australia shares likely to extend losses, NZ down
Australian shares are set to open lower on
Wednesday, extending losses amid concerns a deal to end the
U.S.-China trade war might not come until after the November
2020 U.S. elections.
The local share price index futures fell 0.8%, a
68.3-point discount to the underlying S&P/ASX 200 index
close. The benchmark on Tuesday fell 2.2%, posting its biggest
daily drop in two months after U.S. President Donald Trump
restored tariffs on imports from Brazil and A
Wednesday, extending losses amid concerns a deal to end the
U.S.-China trade war might not come until after the November
2020 U.S. elections.
The local share price index futures fell 0.8%, a
68.3-point discount to the underlying S&P/ASX 200 index
close. The benchmark on Tuesday fell 2.2%, posting its biggest
daily drop in two months after U.S. President Donald Trump
restored tariffs on imports from Brazil and A
Posted by Reuters
