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4 months ago
Australia shares likely to fall, NZ down
April 5, 2017 / 10:09 PM / 4 months ago

Australia shares likely to fall, NZ down

1 Min Read

    April 6 (Reuters) - Australian shares are expected to fall
on Thursday, following Wall Street, which ended lower after the
Federal Reserve signaled it could change its bond investment
policy this year.     
    Gold stocks are likely to come under pressure as gold fell
overnight after strong U.S. jobs data boosted the U.S. dollar
but losses were limited after Fed minutes were released.     
    The local share price index futures          fell 0.3
percent, or 16 points, to 5,843.0, a 33.197-point discount to
the underlying S&P/ASX 200 index         close. The benchmark
closed 0.3 percent higher on Wednesday.
    New Zealand's benchmark S&P/NZX 50 index         was down
0.2 percent at 7,251.02 in early trade.
    
For a summary of overnight action across global markets, double
click on          
       
For a digest of the day's business stories in Australian 
newspapers, double click on            

 (Reporting by Suhail Hassan Bhat in Bengaluru; Editing by James
Dalgleish)
  
 
 

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