Oct 8 (Reuters) - Australian shares are likely to open lower
on Monday as risk appetite took a hit after strong U.S. job
numbers pushed U.S. Treasury yields higher and knocked world
equities.
Major world stock markets sank for a second straight day on
Friday after strong U.S. jobs numbers signaled a continued
tightening of the labor market and increased inflation
pressures, while Treasury yields rose again to multi-year highs.
The local share price index futures fell 0.5
percent or 28 points to 6,146, a 39.5-point discount to the
underlying S&P/ASX 200 index close. The benchmark rose
0.2 percent on Friday.
New Zealand's benchmark S&P/NZX 50 index fell 0.2
percent or 15.64 points to 9,199.230 by 2109 GMT.
(Reporting by Aditya Soni in Bengaluru; Editing by Peter
Cooney)
