Australian shares are expected to edge up on Thursday, tracking sharp gains on Wall Street as recent data from multiple sectors pointed to slowing economic growth, bolstering the prospect of a rate cut by the US Federal Reserve.
The local share price index futures rose 0.3pc or 22 points, a 40.5-point discount to the underlying S&P/ASX 200 index close.
The benchmark advanced 0.5pc on Wednesday.
New Zealand's benchmark S&P/NZX 50 index was flat in early trade.
Comments
Comments are closed.