Australia set to open lower; NZ shares edge higher early
Australia shares were set to open lower as investor sentiment stayed subdued on rising oil prices, lifting inflation concerns and rate-hike bets. NZ stocks edged higher in early trade.
Australian shares were set to open lower on Wednesday, with investor sentiment subdued as rising oil prices fueled inflation concerns and rate hike bets, ahead of second-quarter economic output data due later in the day.The local share price index futures (YAPcm1) fell 0.9%, a 133.7-point discount…