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KM Financial Solutions | Australian shares set to slide; NZ falls
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Australian shares set to slide; NZ falls

30 Jan Australian shares set to slide; NZ falls

Posted at 21:08h in News by
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Feb 1 (Reuters) – Australian shares are poised to slide on
Thursday, pressured by a fall in iron ore prices that could hurt
related commodity stocks and by a decline on Wall Street,
following hawkish comments by the U.S. Federal Reserve.
Iron ore on the Dalian Commodity Exchange fell 1.4
percent at 510 yuan on Wednesday.
Meanwhile, U.S. stocks reversed from gains earlier in the
session to trade lower on Wednesday after the Fed said it sees
inflation rising this year, signal

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