Nov 4 (Reuters) - Australian shares are poised to open higher on Monday, tracking a surge in global equities and crude prices, after the United States and China signalled progress in trade talks and strong economic data from both the nations lifted sentiment.
The Chinese Commerce Ministry on Friday said the world's two largest economies had reached "consensus on principles" during a telephone call between their main trade negotiators, while U.S. officials said a deal could be signed this month. local share price index futures YAPcm1 rose 0.4% to 6,671, a 1.9-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark ended marginally higher on Friday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 rose 0.4% to 10,800.93 in early trade.