The Australian market looks set to open slightly higher on a weak lead from Wall Street which closed little changed as worries about Washington's latest healthcare legislation proposal eased and investors shrugged off concerns about North Korea.
At 0700 AEST on Monday, the share price futures index was up seven points, or 0.12 per cent, at 5,679.
In the US, the S&P 500 closed slightly higher after Republican Senator John McCain said he opposed his Republican peers' latest effort to replace former president Barack Obama's healthcare law.
Investor jitters over a fresh exchange of barbs between North Korea and the United States also eased.
The Dow Jones Industrial Average fell 0.04 per cent, the S&P 500 gained 0.06 per cent and the Nasdaq Composite added 0.07 per cent.
Locally, in economic news on Monday, CoreLogic releases its survey of capital city house prices for the week just ended.
In equities news, Premier Investments is slated to release its full-year results.
Meanwhile, the 2017 Sydney China Business Forum is on in Sydney.
The Australian market on Friday broke a three-day losing streak as some buyers returned to the market despite negative overseas leads, although volumes were muted with no strong theme directing trading..
The benchmark S&P/ASX200 index rose 26.7 points, or 0.47 per cent, to 5,682.1 points.
The broader All Ordinaries index gained 23.9 points, or 0.42 per cent, to 5,740.6 points.
Meanwhile, the Australian dollar is higher against its little changed US counterpart, despite a fall in iron ore prices.
The local currency was trading at 79.54 US cents at 0700 AEST on Monday, from 79.46 on Friday.
CURRENCY SNAPSHOT AT 0700 AEST:
One Australian dollar buys:
* 79.54 US cents, from 79.46 on Friday
* 89.22 Japanese yen, from 88.91 yen
* 66.84 euro cents, from 66.39 euro cents
* 58.96 British pence, from 58.55 pence
* 108.92 NZ cents, from 108.83 cents
The spot price of gold in Sydney at 0700 AEST was $US1,296.38 per fine ounce, from $US1,297.67 per fine ounce on Friday.
BOND SNAPSHOT AT 0700 AEST:
* CGS 4.50 per cent April 2020, 2.0468pct, unchanged
* CGS 4.75pct April 2027, 2.7429pct, unchanged
Sydney Futures Exchange prices:
* December 2017 10-year bond futures contract at 97.18 (implying a yield of 2.82pct), from 97.175 (implying a yield of 2.825pct) on Friday
* December 2017 3-year bond futures contract at 97.80 (2.20pct), from 97.81 (2.19pct).
(*Bond market closes taken at 1630 AEST previous local session; currency closes taken from 1700 AEST previous local session)