Australian shares set to open flat, NZ steady

Feb 15 (Reuters) - Australian shares are set to open flat on Wednesday after a U.S. inflation reading for January raised expectations the U.S. Federal Reserve will continue its rate-hiking cycle. The local share price index futures rose 0.01%, a 71.9-point discount to the underlying S&P/ASX 200 index close.

New Zealand's benchmark S&P/NZX 50 index was flat
to 12,073.74 points in early trade. (Reporting by Jaskiran Singh in Bengaluru; Editing by Chris Reese)

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off-the-wire

Australian shares set to open flat, NZ steady

By Reuters

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