Australia shares poised to open higher, NZ slips

By Reuters News

- Australian shares are expected to edge higher on Tuesday, with energy stocks likely to track firmer oil prices ahead of the central bank's policy decision, where markets widely expect a fourth rate hike this year.

The local share price index futures rose 0.2%, a 70-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark gained 0.2% on Monday.

New Zealand's benchmark S&P/NZX 50 index .NZ50 lost 0.3% in early trade.


Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk