Australia shares set to open lower, tracking U.S. stocks; NZ inches up

Australian shares are poised to open
lower on Wednesday, tracking losses on Wall Street after U.S.
President Donald Trump warned Beijing against waiting out his
first term to finalise any trade deal.
“The problem with them waiting … is that if & when I win,
the deal that they get will be much tougher than what we are
negotiating now… or no deal at all,” Trump said in a post on
Twitter, adding pressure to the ongoing U.S.-China trade
negotiations in Shanghai.
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