Australia shares set to open slightly lower; NZ slips
Australian shares are likely to open
slightly lower on Monday, as unexpectedly strong U.S. jobs data
sparked concerns of how dovish a stance the Federal Reserve may
take at its next monetary policy meeting.
The local share price index futures fell 0.179%, a
73.3-point discount to the underlying S&P/ASX 200 index
close. The benchmark rose 0.5% to 6,751.30 on Friday.
New Zealand’s benchmark S&P/NZX 50 index slipped
0.1% in early trade.
slightly lower on Monday, as unexpectedly strong U.S. jobs data
sparked concerns of how dovish a stance the Federal Reserve may
take at its next monetary policy meeting.
The local share price index futures fell 0.179%, a
73.3-point discount to the underlying S&P/ASX 200 index
close. The benchmark rose 0.5% to 6,751.30 on Friday.
New Zealand’s benchmark S&P/NZX 50 index slipped
0.1% in early trade.
Posted by Reuters
