Australian shares on Friday are expected to open higher following their Wall Street peers after comments from a Federal Reserve policymaker raised hopes of an interest rate cut from the US central bank later this month.
Fed policymakers cannot afford to keep their "powder dry" and wait for potential economic problems to materialize, New York Fed President John Williams said at a central banking conference.
The local share price index futures rose 0.2pc, or 16 points, to 6,594 points - a 55.1-point discount to the underlying S&P/ASX 200 index's close.
The benchmark fell 0.4pc on Thursday.
New Zealand's benchmark S&P/NZX 50 index dipped 0.03pc in early trade.
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