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Australian shares poised to edge up at open, NZ down

By Reuters News

Oct 28 (Reuters) - Australian shares were set to inch higher on Wednesday, with likely gains in miners supported by firmer iron ore prices expected to offset losses in energy stocks as oil prices fall, while investors await a key inflation print later in the day.

The local share price index futures rose 0.2%, a 33.9-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark rose 0.5% on Tuesday.

New Zealand's benchmark S&P/NZX 50 index .NZ50 fell 0.8% in early trade, ahead of the central bank's official cash rate decision.

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