SYDNEY, June 22 (Reuters) - Australian shares are set for another strong session on Wednesday tracking gains in global equities on rising optimism that the United Kingdom will stay in the European Union although weaker commodities will cap a sharp rally.
Local share price index futures YAPcm1 rose 0.3 percent overnight, widening its discount to the underlying S&P/ASX 200 index .AXJO to 44.4 points. The benchmark rose for a third straight session on Tuesday to 5,274.4.
New Zealand's benchmark S&P/NZX 50 index .NZ50 was barely changed at 6,844.89 in early trade.
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