Australian shares set to open lower on trade, global growth fears; NZ down
Australian shares were likely to decline
on Wednesday, in line with Wall Street, as weak U.S. economic
data fueled global growth fears amid an unceasing trade war.
U.S. President Donald Trump on Tuesday warned he would be
“tougher” on Beijing if trade talks extended beyond the 2020
U.S. presidential election and he is re-elected, compounding
market fears that the dispute could trigger a U.S. recession.
on Wednesday, in line with Wall Street, as weak U.S. economic
data fueled global growth fears amid an unceasing trade war.
U.S. President Donald Trump on Tuesday warned he would be
“tougher” on Beijing if trade talks extended beyond the 2020
U.S. presidential election and he is re-elected, compounding
market fears that the dispute could trigger a U.S. recession.
The local share price index futures fell 0.6
Posted by Reuters
