Australia shares set to open sharply lower; NZ down

Australian shares are set to on open sharply lower on Tuesday,
extending falls for a fourth straight session, on fears that
China’s willingness to let the yuan currency slide to counter
U.S. tariff threats could further intensify the trade war
between the world’s two largest economies.
On Monday, China let the yuan tumble beyond the 7-per-dollar
level for the first time in more than a decade, in a sign
Beijing might be willing to tolerate further currency weakness
after U.S. President Donald