Australia shares set to fall, NZ flat
Sept 7 (Reuters) - Australian shares will likely fall on
Friday tracking global peers, as investors brace for any
escalation in the trade dispute between the United States and
MSCI's global stock index fell 0.35 percent
on Thursday amid worries U.S. President Donald Trump may impose
tariffs on a further $200 billion in Chinese imports as soon as
a public comment period on the plan ends.
Meanwhile, data on Australian housing finance for July is
expected later in the day.
The local share price index futures fell 0.4
percent to 6,120, a 40.4-point discount to the underlying
S&P/ASX 200 index close. The benchmark declined 1.1
percent on Thursday.
New Zealand's benchmark S&P/NZX 50 index was
treading water in early trade.
(Reporting by Karthika Suresh Namboothiri
Editing by Chris Reese)
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