Australia shares set to open higher as easing restrictions lift recovery hopes

Australian shares were set to open higher
on Monday as easing coronavirus-driven restrictions fuelled
hopes for an uptick in demand and gradual recovery from the
virus’ economic fallout.
Iron ore prices soared to a 9-1/2 month peak on
Friday, while U.S. crude prices climbed to their highest
since March on the back of strengthening demand as travel curbs
begin to be relaxed around the world.
However, continuing trade tensions between Australia and
C