Australian shares poised to open lower, NZ down
Australian shares are expected to edge
lower on Tuesday as investors watch out for developments in the
U.S.-China trade talks, due to be held on the sidelines of the
upcoming Group of 20 summit in Japan this week.
The local resources sector, which is heavily exposed to
China’s market, is also likely to slide on weakness in iron ore
and oil prices.
The Aussie share price index futures fell 0.2% or
14 points, an 86.4-point discount to the underlying S&P/A
lower on Tuesday as investors watch out for developments in the
U.S.-China trade talks, due to be held on the sidelines of the
upcoming Group of 20 summit in Japan this week.
The local resources sector, which is heavily exposed to
China’s market, is also likely to slide on weakness in iron ore
and oil prices.
The Aussie share price index futures fell 0.2% or
14 points, an 86.4-point discount to the underlying S&P/A
Posted by Reuters
