Australian shares set to open higher, NZ gains

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 14 (Reuters) - Australian shares were expected to open higher on Tuesday, in tandem with global sentiment as market participants expect a favorable reading from key U.S. economic data due later today, likely to indicate a slowdown in inflation. The local share price index futures rose 0.7%, a 18.8-point discount to the underlying S&P/ASX 200 index close. The benchmark fell 0.2% on Monday. New Zealand's benchmark S&P/NZX 50 index rose 0.2% to 12,095.7 points in early trade. (Reporting by Jaskiran Singh in Bengaluru)


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