Australian Shares Seen Higher as Futures Rise 0.4%
Australian local futures are up 0.4% ahead of Wednesday's session, pointing to a potential S&P/ASX 200 rally. The benchmark slipped 0.3% on Tuesday.
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09:43:05 PM UTC
SquawkNews
Australian shares were set to rebound on Wednesday, supported by potential gains in miners on firmer copper prices, as investors focused on the central bank deputy governor's comments on the future monetary policy path.The local share price index futures (YAPcm1) rose 0.4%, a 49.1-point premium to…
Australian stocks look set to follow the Dow Jones Industrial Average higher in early trade. Local futures are up by 0.4% ahead of Wednesday's session, suggesting that the S&P/ASX 200 will rally amid lower oil prices. Tuesday's 0.3% slip by the benchmark index was followed by a U.S. session in whic…