PERTH: The Australian market looks set to open higher, as Wall Street bounces back from three straight days of losses.
At 0652 AEDT on Friday, the December share price index futures contract was up 10 points at 5,048.
US stocks climbed but other major world equity markets were little changed ahead of a widely expected interest rate hike by the US Federal Reserve next week.
Locally, in economic news on Friday, the Australian Bureau of Statistics releases October lending finance data.
In equities news, Westpac has its annual general meeting in Sydney.
In Australia, the market on Thursday closed lower as big investors look to markets overseas for better value shares.
The benchmark S&P/ASX200 index was down 42.8 points, or 0.84 per cent, at 5,037.7 points.
The broader All Ordinaries index was down 42.4 points, or 0.83 per cent, at 5,087.5 points.
