Australian shares set to open lower, NZ slips
Australian shares are poised to open
lower on Tuesday, tracking a broad sell-off on Wall Street, but
losses will likely be curbed by gains among gold stocks on
strong demand for safe-haven assets.
Trade-related worries heightened after Goldman Sachs Group
warned on Sunday that its economists see increased
recessionary fears due to the trade war, and that a trade deal
looked unlikely before the 2020 U.S. presidential election.
lower on Tuesday, tracking a broad sell-off on Wall Street, but
losses will likely be curbed by gains among gold stocks on
strong demand for safe-haven assets.
Trade-related worries heightened after Goldman Sachs Group
warned on Sunday that its economists see increased
recessionary fears due to the trade war, and that a trade deal
looked unlikely before the 2020 U.S. presidential election.
The local shar
Posted by Reuters