Australia Shares Set to Edge Lower as ASX Futures Fall 0.3%
ASX futures are down 0.3% ahead of Wednesday's open, pointing to a lower start for the S&P/ASX 200 after Tuesday's gains. Investors are weighing the Reserve Bank's hawkish commentary and awaiting U.S. midterm results.
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09:35:41 PM UTC
SquawkNews
Australian shares were expected to open lower on Wednesday, with miners and energy stocks likely to be pressured by weaker commodity prices, a day after the central bank raised its cash rate to an 18-year high.The local share price index futures (YAPcm1) fell 0.3%, a 13.8-point discount to the unde…
Australia stocks look set to edge lower at the open as investors mull the implications of the Reserve Bank's hawkish commentary and wait on results of the U.S. midterms. ASX futures are down by 0.3% ahead of Wednesday's open, suggesting that the S&P/ASX 200 could give back Tuesday's gains. The benc…