October 1, 2018 / 9:19 PM / 15 days ago

Australia shares set for higher start; NZ inches up

    Oct 2 (Reuters) - Australian shares are expected to open
higher on Tuesday in line with Wall Street, which edged higher
helped by a reduction in trade war worries after a deal was
struck to replace NAFTA. 
    In Australia, investors will be also keep an eye out for the
central bank's decision on the cash rate which is expected to
stretch its record spell of steady rates well into next
year.            
    The local share price index futures          rose 0.11
percent or 7 points to 6,167, a 5.3-point discount to the
underlying S&P/ASX 200 index         close. The benchmark fell
0.6 percent or 35.3 points on Monday.
    New Zealand's benchmark S&P/NZX 50 index         was up 0.12
percent at 2108 GMT.

 (Reporting by Shanima A in Bengaluru
Editing by James Dalgleish)
  
 
 
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