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Australia shares set to follow Wall Street higher, spotlight on RBA

Published 02/02/2021, 08:21 am
Updated 02/02/2021, 08:24 am
© Reuters.
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Feb 2 (Reuters) - Australian shares were set to open higher on Tuesday after mining stocks drove a Wall Street rebound overnight, as retail traders rushed towards silver, while investors back home set sights on a Reserve Bank of Australia policy meeting later in the day.

The local share price index futures YAPcm1 rose 0.8%, a 24-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark rose 0.8% on Monday.

New Zealand's benchmark S&P/NZX 50 index .NZ50 rose 0.4% at 2115 GMT.

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