SYDNEY: Australian shares are seen opening in the black on Wednesday, in tandem with stocks on Wall Street which rose after US lawmakers expressed confidence over passing tax reform and raising the debt ceiling.
Meanwhile, energy stocks and miners are expected to gain on stronger oil and iron ore prices, while gold stocks may pull back after the yellow metal eased.
The local share price index futures rose 0.6 percent or 32 points to 5,745, a 5.1-point discount to the underlying S&P/ASX 200 index close. The benchmark rose 0.4 percent on Tuesday.
New Zealand's benchmark S&P/NZX 50 index rose 0.1 percent, or 8.70 points, to 7,875.78 at 2205 GMT.
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