Australian shares set to open lower, NZ rises
Australian shares are expected to open
lower on Friday as investors await more clarity on the
U.S.-China trade war front ahead of the high-stakes meeting
between leaders of both countries this weekend in Japan.
Hopes of a trade deal being struck anytime soon were dashed
when the White House denied all reports of China and the United
States agreeing to certain preconditions on Thursday, and
reiterated President Donald Trump’s threat to slap more tariffs
on Chinese good
lower on Friday as investors await more clarity on the
U.S.-China trade war front ahead of the high-stakes meeting
between leaders of both countries this weekend in Japan.
Hopes of a trade deal being struck anytime soon were dashed
when the White House denied all reports of China and the United
States agreeing to certain preconditions on Thursday, and
reiterated President Donald Trump’s threat to slap more tariffs
on Chinese good
Posted by Reuters