Feb 14 (Reuters) - Australian shares are likely to tread water on Thursday, as investors move to the sidelines awaiting crucial China trade data which could neutralize Wall Street-influenced gains.
The local share price index futures YAPcm1 fell 0.2 percent or 10 points, a 55.6-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 0.25 percent to 6,063.6 on Wednesday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 fell 0.01 percent or 0.74 point to 9,332.64 in early trade.