Aug 12 (Reuters) - Australian shares were set to open lower on Monday due to investors' concerns about an escalation of the prolonged Sino-U.S. trade spat.
U.S. President Donald Trump on Friday said that while talks with China were continuing, he was not ready to make a deal and called a September round of trade talks into question. local share price index futures YAPcm1 fell 0.3% to 6,499, a 85.4-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark ended 0.3% higher on Friday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 rose 0.1% to 10,884.92 in early trade.