Aust stocks set to open higher

Local market expected to follow strong Wall St leads ahead of US earnings season.

The Australian stock market looks set to open higher following gains on Wall Street and European bourses as investors took a new look at upbeat US jobs data and awaited the start of America's earnings season.

At 0645 AEST on Tuesday, the September share price index futures contract was up 27 points at 4,804.

In economic news, the National Australia Bank's monthly business survey for June is due to be released.

Telstra group managing director enterprise and government Paul Geason is scheduled to speak at an American Chamber of Commerce in Australia lunch in Sydney.

No major equities news is expected.

In Australia, the market on Monday finished lower as weaker commodities prices and the prospect of higher unemployment weighed on investors.

The benchmark S&P/ASX200 index was down 32.2 points, or 0.67%, at 4,809.5 points, while the broader All Ordinaries index was down 28.8 points, or 0.60%, to 4,797.6 points.

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