Australia shares set to begin week higher on trade deal cheer; NZ inches up

Australian shares are poised to open
higher on Monday, tracking Wall Street indexes that rose after
the United States and China agreed to an initial trade deal.
On Friday, Washington agreed to reduce some tariffs on
Chinese goods and suspend additional ones that were set to kick
in on Sunday, in exchange for increased Chinese purchases of
U.S. farm products and other goods.
The local share price index futures rose 0.6% or 39
points, a 42.3-poi