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Strong leads from international markets are expected to send Australian shares into positive territory when trade resumes on Monday.

AMP Capital chief economist Shane Oliver says the benchmark S&P/ASX200 is likely to gain at least 20 points at the open, after better-than-expected jobs figures buoyed US stocks on Friday and Eurozone shares closed 0.6 per cent higher.

The payroll report in the US, which showed jobs rose by 228,000 in November, helped push the benchmark S&P 500 up by 0.55 per cent.

‘We’re seeing a continued goldilocks pattern of data which is not too hot and not too cold,’ Dr Oliver told AAP.

This week, investors will be keeping a keen eye on the US Federal Reserve’s meetings on Tuesday and Wednesday, from which the Fed is expected to deliver a quarter per cent rate hike at about 6am on Thursday by Sydney time.

Dr Oliver said people will also be keen to know if the Fed plans to lift rates four times instead of three in 2018, which could dampen the market.

Closer to home, the Australian Bureau of Statistics (ABS) will release employment data for November on Thursday, which is expected to show 19,000 jobs were added and the unemployment rate remained at 5.4 per cent.

The ABS will also release home prices for the September quarter and lending finance figures for October on Tuesday.

The National Australia Bank business survey for November comes out on Tuesday and consumer confidence data for December via Westpac and the Melbourne Institute will be released on Wednesday.

Reserve Bank of Australia head Philip Lowe, RBA Head of Payments Policy Tony Richards and RBA Assistant Governor (Financial Markets) Chris Kent will also all speak publicly on Wednesday.

The Australian share market ended the day comfortably higher on Friday, with the benchmark S&P/ASX200 stock index up 0.28 per cent at 5,994.4 points.

The local currency was trading at 75.14 US cents.