July 15 (Reuters) - Australian shares are expected to slip on Monday weighed down by mining stocks hit by the weakness in copper and iron ore prices.
Three-month LME copper CMCU3 fell 0.3% on Friday, while the most-traded iron ore on the Dalian Commodity Exchange for September delivery DCIOcv1 erased early gains to close unchanged at 873 yuan ($127.02) a tonne . ironore/
The local share price index futures YAPcm1 fell 0.5% or 30 points to 6,604, a 92.5-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 0.3% on Friday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 rose/fell 0.1% at 2211 GMT.