14 Jan Australia shares set to edge higher on China stimulus hopes; NZ flat
Australian shares are likely to edge
higher on Wednesday, following a firmer finish on Wall Street as
China hinted at further stimulative measures to revitalise its
slowing economy.
The news came just a day after China posted grim trade data
for December, indicating that the damaging tariff war with the
United States had taken a toll on the world’s second largest
economy.
The local share price index futures rose 0.1
percent to 5,757 by 2058 GMT, a 57.6-poi
higher on Wednesday, following a firmer finish on Wall Street as
China hinted at further stimulative measures to revitalise its
slowing economy.
The news came just a day after China posted grim trade data
for December, indicating that the damaging tariff war with the
United States had taken a toll on the world’s second largest
economy.
The local share price index futures rose 0.1
percent to 5,757 by 2058 GMT, a 57.6-poi
Sorry, the comment form is closed at this time.