KM Financial Solutions | Australian shares to start lower after worst week in over 2-1/2 yrs; NZ rises
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Australian shares to start lower after worst week in over 2-1/2 yrs; NZ rises

Australian shares to start lower after worst week in over 2-1/2 yrs; NZ rises

Australian shares are poised to open
lower on Monday, after domestic equities marked their worst week
in over 2-1/2 years as mounting U.S. Treasury yields and trade
tensions undermined global sentiment.
Although stock markets worldwide rebounded on Friday, they
registered their biggest weekly losses in months, while U.S.
Treasury yields rose and the dollar held its gains.
The local share price index futures fell 0.9
percent or 51 points to 5,8

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