Australia shares likely to open higher, NZ up
Australian shares are expected to extend
gains into a second session on Tuesday as hopes of fresh
stimulus measures by major economies to counter recession fears
are likely to attract investors to riskier assets.
China’s central bank unveiled a key interest rate reform on
Saturday to help steer borrowing costs lower for companies and
support a slowing economy that has been hurt by a trade war with
the United States.
The local share price index futu
gains into a second session on Tuesday as hopes of fresh
stimulus measures by major economies to counter recession fears
are likely to attract investors to riskier assets.
China’s central bank unveiled a key interest rate reform on
Saturday to help steer borrowing costs lower for companies and
support a slowing economy that has been hurt by a trade war with
the United States.
The local share price index futu
Posted by Reuters