Australia shares set to gain but rocket attack in Baghdad may weigh; NZ flat Jan 9 (Reuters) – Australian shares are set to open higheron Thursday after U.S.President Donald Trump’s temperedresponse to Iranian missile attacks on U.S.forces in Iraqhelped calm markets, although reports of fresh missile attacksare likely to cap gains.U.S.stocks closed higher after Trump said there were nocasualties from the attacks, adding that the United States having military power and equipment did not mean it would haveto be used against Iran.However, reports of a rocket attack inside Iraqi capitalBaghdad’s heavily fortified green zone may weigh on stocks inAustralia.The share price index futures fell about 22points on the news.By 2113 GMT, the index futures traded just 46 points or 0.7%higher, a 19.6-point discount to the underlying S&P/ASX 200index close.
The benchmark fell 0.1% on Wednesday.Neighboring New Zealand’s benchmark S&P/NZX 50 index rose 1.64 points or 0.01% in early trade.(Reporting by Rashmi Ashok in Bengaluru; editing by GrantMcCool) 2020-01-08 23:50:19
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