26 Nov Australia shares poised to open stronger; NZ flat
Australian shares are set to open higher
on Thursday as upbeat economic data from the United States is
expected to allay concerns of slowing economic growth, while
prospects of a trade deal between China and Beijing will likely
lift sentiment.
U.S. economic growth picked up slightly in the third
quarter, rather than slowing as initially reported, and a steady
increase in consumer spending in October suggested that the
economy will probably maintain its moderate pace of
on Thursday as upbeat economic data from the United States is
expected to allay concerns of slowing economic growth, while
prospects of a trade deal between China and Beijing will likely
lift sentiment.
U.S. economic growth picked up slightly in the third
quarter, rather than slowing as initially reported, and a steady
increase in consumer spending in October suggested that the
economy will probably maintain its moderate pace of
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