Australia shares likely to rise; NZ falls

May 1 (Reuters) - Australian shares are likely to rise on Monday, taking cues from Wall Street peers after data from the United States showed that the U.S. Federal Reserve could pause on its aggressive rate hike path going forward.

The local share price index futures rose 0.7%, a 62.8 point premium to the underlying S&P/ASX 200 index close.

New Zealand's benchmark S&P/NZX 50 index fell 0.5% by 2225 GMT.

(Reporting by Archishma Iyer in Bengaluru; Editing by Lisa Shumaker)

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

Australia shares likely to rise; NZ falls

By Reuters

Reuters

Reuters

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

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

Solid price gains for gold, silver after busy news weekend

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

Silver prices breach $32/oz as bullish technicals and fundamentals suggest potential breakout