March 24 (Reuters) - Australian shares were set to fall
on Friday, with local mining stocks likely tracking weak iron
ore prices while hawkish remarks by the U.S. Federal Reserve
chair may further dent sentiment.
The local share price index futures fell 0.6%, an
18.6 point discount to the underlying S&P/ASX 200 index close. The benchmark slipped 0.7% on Thursday.
New Zealand's benchmark S&P/NZX 50 index fell 0.3%
to 11,556.36 in early trade.
(Reporting by Echha Jain in Bengaluru
Editing by Chris Reese)
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