Australian shares to rise tracking Wall Street; NZ rises over 1 pct

Australian shares are expected to extend
gains on Wednesday, following a strong lead from Wall Street,
with investors likely to keep a keen eye on quarterly production
numbers of the world’s biggest miner BHP .
U.S. stocks surged more than 2 percent on Tuesday after
upbeat earnings reports from major companies including
UnitedHealth and Goldman Sachs and solid economic data, as
equities rebounded from a recent sharp sell-off.
The local share price ind