Australian shares are set to open little changed on Tuesday, as gains from the mining sector, stemming from expectations of strong iron ore demand, are likely to be capped as investors worry the US Fed may not lower interest rates this month.
The local share price index futures inched 0.015pc higher, a 56.2-point discount to the underlying S&P/ASX 200 index close.
The benchmark slid 1.2pc to 6,672.20 on Monday.
New Zealand's benchmark S&P/NZX 50 index slipped 0.2pc in early trade.
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