Australia Shares Set to Pare Recent Losses

Australia's S&P/ASX 200 is anticipated to experience a rise at market open, despite a subdued performance from U.S. equities, as investors adjust expectations regarding a potential December interest-rate reduction. ASX futures have increased by 0.5% before the upcoming trading session, suggesting that the index might recover some of its earlier weekly losses. The ASX 200 has declined by 0.9% since last week, amidst uncertainty regarding global trade prospects under a potential Trump administration. In the U.S., key indices such as the DJIA, S&P 500, and Nasdaq Composite each fell by around 0.5% to 0.6%, following the release of persistently high inflation data.