Australian shares poised to rise on trade optimism, NZ gains

Australian shares are expected to rise on
Friday, tracking a rally in global equities, after China and the
United States agreed to cancel tariffs in phases as part of the
first phase of a trade deal.
No timetable was indicated, but a “phase one” deal is widely
expected to include a U.S. pledge to scrap tariffs scheduled for
Dec. 15 on about $156 billion worth of Chinese imports,
including cellphones, laptop computers and toys.
The local share price inde