July 6 (Reuters) - Australian shares are expected to open higher on Friday, after Wall Street gained overnight on reports the U.S. and the European Union may agree to withdraw auto tariffs.
German Chancellor Angela Merkel said she would back lowering EU tariffs on U.S. car imports. local share price index futures YAPcm1 rose 0.45 percent or 28 points, to 6,195, a 20.5-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark rose 0.5 percent on Thursday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 fell 0.15 percent at 2211 GMT.