Australia shares set to advance on dovish U.S. Fed outlook, NZ up
Australian shares are set to open
marginally higher on Thursday, as the U.S. Federal Reserve’s
indication of potential rate cuts this year calmed worries of
slowing global economic growth.
The local share price index futures rose 0.135%, a
15.9-point premium to the underlying S&P/ASX 200 index
close. The benchmark rose 1.2% to 6,648.1 on Wednesday.
New Zealand’s benchmark S&P/NZX 50 index rose
0.178%in early trade.
marginally higher on Thursday, as the U.S. Federal Reserve’s
indication of potential rate cuts this year calmed worries of
slowing global economic growth.
The local share price index futures rose 0.135%, a
15.9-point premium to the underlying S&P/ASX 200 index
close. The benchmark rose 1.2% to 6,648.1 on Wednesday.
New Zealand’s benchmark S&P/NZX 50 index rose
0.178%in early trade.
(Reportin
Posted by Reuters
