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Australia shares poised to open lower, NZ flat



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Oct 31 (Reuters) -Australian shares were likely to open lower on Thursday as the market's mood remained sour against the backdrop of a sticky inflation report on Wednesday, which led to waning hopes of a rate cut this year from the country's central bank.

The local share price index futures YAPcm1 fell 0.2%, a 13.6-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark closed 0.8% lower on Wednesday.

New Zealand's benchmark S&P/NZX 50 index .NZ50 was flat in early trade.





Reporting by Sneha Kumar in Bengaluru
Editing by Chris Reese

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