Feb 5 (Reuters) - Australian shares are expected to open higher on Wednesday, tracking gains on Wall Street, as intervention by China's central bank likely eased worries of the impact of the coronavirus epidemic on the global economy.
China's central bank injected a total of 1.7 trillion yuan ($242.93 billion) via reverse repos on Monday and Tuesday, saying it sought to stabilize financial market expectations and restore market confidence.
The local share price index futures YAPcm1 rose 0.6%, a 17.7-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark rose 0.4% on Tuesday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 had risen about 0.5% by 2107 GMT.
($1 = 6.9979 Chinese yuan renminbi)