KM Financial Solutions | Australia shares seen pressured by weak U.S. leads, oil prices; NZ flat
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Australia shares seen pressured by weak U.S. leads, oil prices; NZ flat

Australia shares seen pressured by weak U.S. leads, oil prices; NZ flat

March 13 (Reuters) – Australian shares are expected to be
little changed at Tuesday’s open, likely pressured by weak leads
from Wall Street and lower oil prices.
Two major U.S. indexes fell overnight as worries about
President Donald Trump’s metal tariffs weighed on industrial
stocks, while oil prices dropped on concerns over rising U.S.
output.
The local share price index futures rose 0.05
percent or 3 points to 5,992, a 4.1-point discount to the
underlying S&P/A

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