Sunday, September 11, 2016

Australia shares set for third session of losses; NZ lower

Sept 12 (Reuters) - Australian shares are set to open more

than 1 percent lower on Monday, extending losses into a third

consecutive session, as the index takes a cue from Wall Street.

Basic materials and energy stocks are expected to remain

pressured by a stronger dollar, after recent remarks by U.S.

Federal Reserve policymakers helped boost expectations of a rate

rise in the near term.

Boston Fed President Eric Rosengren, a historically dovish

policymaker, said the U.S. central ban

Read more

No comments:

Post a Comment