Australia shares edge lower as miners, consumer staples drag in dull trade
Sept 3 (Reuters) -Australian shares fell in lacklustre trade on Tuesday, weighed down by mining and consumer staples stocks, while investors were cautious ahead of local economic data that could drive the country's monetary policy forward.
The S&P/ASX 200 index .AXJO fell 0.4% to 8,078.5 by 0110 GMT. The benchmark rose 0.3% on Monday.
Trading was thin across the region, as markets in the United States were closed on Monday for a public holiday.
Market participants will await Australia's second-quarter gross domestic product (GDP) report on Wednesday, which is expected to show a 1% annual growth rate, according to LSEG data.
Additionally, global investors will await a key U.S. labour report later during the week which will dictate the Federal Reserve's monetary policy stance.
In Sydney, heavyweight miners .AXMM continued to be under pressure, dipping as much as 0.5% after iron ore prices took a hit in top steel producer China. IRONORE/
Mining giants Rio Tinto RIO.AX and BHP Group BHP.AX fell 0.4% and 0.3%, respectively.
Discretionary consumer stocks .AXSJ slumped as much as 1.9% to hit their lowest since mid-August, with retail giants Woolworths WOW.AX and Coles COL.AX trading 3.5% and 2.0% lower.
Energy stocks .AXEJ fell 0.2%, while healthcare stocks .AXHJ slipped 0.6%.
Brent crude LCOc1 futures fell 0.31% to $77.28 a barrel while U.S. West Texas Intermediate (WTI) crude CLc1 gained 0.58% to $73.98 per barrel.
On Friday, the U.S. Dow Jones Industrial Average .DJI rose 228.03 points, or 0.55%, at 41,563.08 points on Monday. The S&P 500 .SPX, .SPX gained 56.44 points, or 1.01% while Nasdaq .IXIC gained 197.19 points, or 1.13%. .N
Meanwhile, New Zealand's benchmark S&P/NZX 50 index .NZ50 fell 0.1% to 12,356.08 on Tuesday.
Reporting by Archishma Iyer in Bengaluru; Editing by Rashmi Aich
For more information on DIARIES & DATA: U.S. earnings diary RESF/US Wall Street Week Ahead .N/O Global Economy Week Ahead DATA/ ................................................................ For latest top breaking news across all markets NEWS1
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限，并允许个人查看和/或使用网站或网站所提供的内容，但无意进行任何更改或扩展，也不会更改或扩展其服务和访问权限。所有访问和使用权限，将受下列条款与条例约束：(i) 条款与条例；(ii) 风险提示；以及(iii) 完整免责声明。请注意，网站所提供的所有讯息，仅限一般资讯用途。此外，XM所有在线交易平台的内容并不构成，也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容，包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接，皆保持不变，并作为一般市场评论所提供，而非投资性建议。所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为适用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解，XM非独立投资研究提示和风险提示相关资讯，更多详情请点击 这里。
