Australian shares to slide mirroring Wall Street; NZ down

Australian shares are expected to fall on
Wednesday, tracking Wall Street, as an unexpected drop in U.S.
factory activity added to fears of a global manufacturing
recession.
U.S. factory output in September contracted to its weakest
in over a decade, hurt by a dent in business conditions due to
the prolonged trade spat with China. The dismal data from U.S.
came in line with a continued slowdown in euro zone, China,
Japan and the United Kingdom’s respective manufacturin