Australia shares seen down on weak gold outlook, NZ stocks steady

SYDNEY, July 22 (Reuters) - Australian shares are likely to have a weak start on Wednesday, tracking a Wall Street slide following disappointing earnings. Falling gold prices may also weigh on natural resources stocks. Spot gold touched a five-year low this week with the market bracing for more losses on expectations of an U.S. interest rate hike and subdued demand for the metal from India. Local share price index futures dipped 0.5 percent overnight, to sit at an 87.7-point discount t

from http://ift.tt/1MGAnLu