Australian shares set to rise on signs of Sino-U.S. trade progress, NZ up

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 thi