SYDNEY, June 29 (Reuters) - Australian shares looked set to start higher on Wednesday as global markets found their footing after the Brexit shock, helped in part by speculation of further policy easing by the world's central banks.
The local share price index futures YAPcm1 rose 1.6 percent to stand at a 24 point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 0.66 percent on Tuesday to 5,103.3 but had shown some signs of stabilising.
The S&P 500 .SPX bounced 1.8 percent overnight after two days of hefty losses in the wake of Britain's vote to leave the European Union.
New Zealand's benchmark S&P/NZX 50 index .NZ50 was up 0.6 percent in early trade at 6,756.
For a summary of overnight action across global markets, double click on AU/CALL
For a digest of the day's business stories in Australian newspapers, double click on PRESS/AUB