Feb 28 (Reuters) - Australian shares are likely to open
higher on Tuesday, tracking Wall Street overnight, with positive
U.S. economic data offering some respite from worries about the
impact of a tighter monetary policy.
The local share price index futures rose 0.5%, a
23.8-point discount to the underlying S&P/ASX 200 index close. The benchmark fell 1.1% on Monday.
New Zealand's benchmark S&P/NZX 50 index was up 0.1%
in early trade.
(Reporting by John Biju in Bengaluru; Editing by Maju Samuel)
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