Nov 13 (Reuters) - Australian shares are poised to open higher on Wednesday with higher iron ore prices expected to support gains among miners, while lack of details about the Sino-U.S. trade talks in U.S. President Donald Trump's speech overnight may cap gains.
Trump in his speech to The Economic Club of New York on Tuesday said U.S. and Chinese negotiators were "close" to a "phase one" trade deal, but offered no new details on the negotiations. local share price index futures YAPcm1 rose 0.3%, a 12-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 0.3% on Tuesday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 had risen 0.2% by 2108 GMT ahead of the central bank's rate decision.