Get all your news in one place.
100's of premium titles.
One app.
Start reading
Dynamite News
Dynamite News
World
DN Bureau

Australia shares set to open lower as political uncertainty, falling commodity prices loom

Representational image

Sydney: Australian shares are likely to open lower on Wednesday, tracking a dismal Wall Street session as a push for the impeachment of U.S. President Donald Trump heightens political risks, while falling iron ore and oil prices are set to hurt index heavyweights.

Also Read: Australia PM joins Trump calling for China to drop 'developing economy' status

The local share price index futures fell 1.1%, a 85.9-point discount to the underlying S&P/ASX 200 index close. The benchmark closed flat on Tuesday.

New Zealand's benchmark S&P/NZX 50 index fell 0.1% in early trade. (Reuters) 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.