Australian Shares Expected to Edge Higher at Open, NZ Up
Australian and New Zealand Markets Open Higher
Australian shares are expected to edge higher on Tuesday, supported by strong commodity prices boosting materials stocks and optimism over a potential Iran-U.S. peace deal.
Futures and Indices
The local share price index futures (YAPcm1) rose 0.3%, a 43.0-point premium to the underlying S&P/ASX 200 index (XJO). The benchmark gained 0.4% on Monday.
New Zealand's benchmark S&P/NZX 50 index (NZ50G) rose 1.6% in early trade.
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