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Australia shares poised to open higher, NZ stocks slip

By Reuters News

Nov 3 (Reuters) - Australian shares are expected to open higher on Tuesday, with miners likely to be buoyed by stronger commodity prices, while a sharp drop in oil prices and hopes of easing Middle East tensions lifted sentiment.

The local share price index futures rose 0.7%, a 58-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark slipped 0.6% on Monday.

New Zealand's benchmark S&P/NZX 50 index .NZ50 fell 0.3% to 13,662.16 points.

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