Australian shares are set to open higher, after big tech lifted US benchmarks.
ASX futures were up 0.3% or 24 points as of 8:00am on Monday, suggesting a higher open.
Gains by large-cap technology shares drove major indexes higher despite another firm inflation reading.
DJIA gained 153 points, or 0.4%, to 38239, the S&P 500 rose 1% to 5099 and the Nasdaq jumped 2% to 15927.
In commodity markets, Brent crude oil was up 0.6% to US$89.50 a barrel, while gold was up 0.2% at US$2,337.96.
In local bond markets, the yield on Australian 2 Year government bonds was up at 4.18% while the 10 Year yield was also up at 4.52%. US Treasury notes were down, with the 2 Year yield at 4.99% and the 10 Year yield at 4.66%.
The Australian dollar was 65.30 US cents. The Wall Street Journal Dollar Index, which tracks the US dollar against 16 other currencies, was up at 100.62.