SYDNEY, July 6 (Reuters) - Australian shares look set to open lower on Wednesday as jitters over the long-run implications of Brexit and concerns about global growth hit risk assets of all stripes while boosting safe-haven bonds.
The local share price index futures YAPcm1 fell 0.4 percent, a 57-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 1.0 percent on Tuesday to 5,228.
Bond yields in a range of countries fell to record lows while many commodities came under pressure, with oil hardest hit.
Dealers cited various factors including a fresh warning from the Bank of England on the economic outlook, a plunge in the pound and worries about Italy's shaky banking sector.
New Zealand's benchmark S&P/NZX 50 index .NZ50 fell 0.1 percent in early trade.
For a summary of overnight action across global markets, double click on AU/CALL
For a digest of the day's business stories in Australian newspapers, double click on PRESS/AUB