Australia shares set to fall, NZ slips
Sept 5 (Reuters) - Australia shares will likely open lower
on Wednesday, as energy stocks may feel the pinch of lower oil
prices and investors brace for an escalation in the U.S.-China
U.S. President Donald Trump has told aides he is ready to
impose tariffs on $200 billion more in Chinese imports, while a
stronger dollar and report of rising stockpiles at the Cushing,
Oklahoma hub weighed on oil prices.
The local share price index futures fell 0.3
percent, a 31.1-point discount to the underlying S&P/ASX 200
index close. The benchmark fell 0.3 percent on Tuesday.
New Zealand's benchmark S&P/NZX 50 index declined
marginally in early trade.
(Reporting by Karthika Suresh Namboothiri
Editing by Chris Reese)
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