Australia shares poised to open lower, NZ shares flat
Nov 18 (Reuters) -Australian shares were likely to open lower on Monday tracking weakness in global shares after fears concerning slower interest rate cuts from the Federal Reserve emerged while miners were expected to fall on the back of lower iron ore prices.
The local share price index futures YAPcm1 fell 0.3%, a 10.8-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark rose 0.7% on Friday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 was largely flat in early trade.
Reporting by Rajasik Mukherjee in Bengaluru; Editing by Lisa Shumaker
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