SYDNEY, Sept 18 (Reuters) - Australian shares are set to open cautiously lower on Friday, tracking a disappointing performance on Wall Street after the U.S. Federal Reserve held off raising intereset rates.
Investors will be watching Reserve Bank of Australia Governor, Glenn Stevens, who will be testifying before parliament during the morning.
The local share price index futures YAPcm1 slipped 1 point to 5,106.0, a 40.8 point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark ended the session 48 points higher on Thursday.
New Zealand's benchmark NZX 50 index .NZ50 gained 22.6 points or 0.4 percent to 5,716.89 in early trade.
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