Australian shares set to gain at open, NZ rises

March 15 (Reuters) - Australian shares were set to open higher on Wednesday as concerns of a banking crisis eased, while largely on-point U.S. inflation data raised bets for a smaller interest rate hike by the Federal Reserve next week.

The local share price index futures rose 1%, a 43.1-point premium to the underlying S&P/ASX 200 index close. The benchmark fell 1.4% on Tuesday.

New Zealand's benchmark S&P/NZX 50 index rose 0.1% in early trade. (Reporting by Poonam Behura Editing by Chris Reese)

U.S. earnings diary Wall Street Week Ahead Global Economy Week Ahead ................................................................ For latest top breaking news across all markets ))

Reuters

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

off-the-wire

Australian shares set to gain at open, NZ rises

By Reuters

Reuters

Reuters

Solid price gains for gold, silver after busy news weekend

‘Biggest economic shift since Nixon’: Major U.S. monetary policy changes coming in 12-36 months – Jack Mallers

India joins South Africa in denying BRICS currency plans after Trump’s 100% tariff threat

Gold is never going back to $2,000: 'That's history,' prices to 3x from here – Peter Schiff

CPI, ECB rate decision could be the catalyst gold needs, with $2,708 the key resistance – StoneX’s Razaqzada