Australia shares set to slip as Wall St, commodity prices fall; NZ inches down

Australia shares set to slip as Wall St, commodity prices fall; NZ inches down

Reuters  | Mar 14, 2018 08:20

Australia shares set to slip as Wall St, commodity prices fall; NZ inches down

March 14 (Reuters) - Australian shares are expected to open lower on Wednesday, mirroring weakness on Wall Street following the firing of the U.S. Secretary of State, while waning commodity prices are likely to pressure materials stocks.

Financial stocks may also experience some duress as a judicial inquiry into Australia's scandal-ridden banking sector begins. .N O/R IRONORE/

The local share price index futures YAPcm1 fell 0.6 percent or 34 points to 5,934, a 40.7-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 0.4 percent on Tuesday.

New Zealand's benchmark S&P/NZX 50 index .NZ50 fell marginally in early trade.

Related News

Latest comments

Add a Comment
Please wait a minute before you try to comment again.
Discussion
Write a reply...
Please wait a minute before you try to comment again.

Fusion Media will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Currency trading on margin involves high risk, and is not suitable for all investors. Trading or investing in cryptocurrencies carries with it potential risks. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Cryptocurrencies are not suitable for all investors. Before deciding to trade foreign exchange or any other financial instrument or cryptocurrencies you should carefully consider your investment objectives, level of experience, and risk appetite.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures), Forex and cryptocurrencies prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn’t bear any responsibility for any trading losses you might incur as a result of using this data.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

English (USA) English (UK) English (India) English (Canada) English (South Africa) Deutsch Español (España) Español (México) Français Italiano Nederlands Português (Portugal) Polski Português (Brasil) Русский Türkçe ‏العربية‏ Ελληνικά Svenska Suomi עברית 日本語 한국어 中文 香港 Bahasa Indonesia Bahasa Melayu ไทย Tiếng Việt हिंदी
Sign out
Are you sure you want to sign out?
NoYes
CancelYes
Saving Changes

+