June 19 (Reuters) - Australian shares are set to open higher on Wednesday, as risk appetite improved after U.S. President Donald Trump said he would meet China's president for trade talks, and investors expected the Reserve Bank to lower interest rates again in coming months.
The local share price index futures YAPcm1 rose 0.6%, a 44-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark rose 0.6% to 6,570 on Tuesday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 rose 0.5% in early trade.