KM Financial Solutions | Australian shares set to extend gains on trade deal optimism, NZ up
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Australian shares set to extend gains on trade deal optimism, NZ up

Australian shares set to extend gains on trade deal optimism, NZ up

Australian shares are set to open higher
on Tuesday, tracking robust gains on Wall Street, fuelled by
optimism about progress in U.S.-China trade negotiations.
Markets will also focus on the Reserve Bank of Australia’s
policy review, where it is widely expected to hold its cash rate
at a record low of 0.75%, according to a Reuters poll.

The local share price index futures rose 0.5% to
6,693 by 2106 GMT, a 6.1-point premium to the underlying S&

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