Australian Shares Seen Opening Lower; New Zealand Shares Also Fall
Australian share index futures fell 0.3% as weaker metal prices weighed on miners and inflation concerns in RBA meeting minutes kept investors cautious. New Zealand shares were also lower.
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09:38:30 PM UTC
SquawkNews
Australian stocks look set to stumble at the open after U.S. bank earnings failed to quash broader concerns about inflation and Fed rate hikes. ASX futures are down by 0.3% ahead of Wednesday's session, which is scheduled to include Glencore's debut on the Australian Securities Exchange. The mining…