Feb 16 (Reuters) - Australian shares were set to open
higher on Thursday with a likely boost from mining stocks
reacting to higher iron ore prices, even after
stronger-than-expected U.S. retail sales data bolstered the case
for future U.S Federal Reserve rate hikes.
The local share price index futures rose 0.5%, a
37.2-point discount to the underlying S&P/ASX 200 index close.
New Zealand's benchmark S&P/NZX 50 index was flat at
12,075.30 points in early trade.
(Reporting by Jaskiran Singh in Bengaluru
Editing by Chris Reese)
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