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The Australian share market looks set to open half a per cent higher after key indexes around the world finished the week firmly in the green.

At 0700 AEDT on Monday, the share price futures index was up 30 points, or 0.50 per cent, at 5,980.

In the US, Wall Street on Friday was led higher by gains in consumer stocks, even as a possible government shutdown loomed, with the S&P 500 and the Nasdaq hitting record closing highs.

The Dow Jones Industrial Average rose 0.21 per cent to close at 26,071.72, the S&P 500 gained 0.44 per cent to 2,810.3 and the Nasdaq Composite added 0.55 per cent to 7,336.38.

Locally, in economic news on Monday, CoreLogic’s capital city house prices survey for the week just ended is due out.

In equities news, Australian Foundation Investment Company is expected to release its half-year results.

The Australian market on Friday closed lower on concerns around a possible US government shutdown, while the Aussie dollar is trading at a four-month high.

The benchmark S&P/ASX200 index fell 8.8 points, or 0.15 per cent, to 6,005.8 points, while the broader All Ordinaries index lost 11.1 points, or 0.18 per cent, to 6,119.3 points

Meanwhile, the Australian dollar has slipped against its US counterpart which came under pressure from a looming possible government shutdown.

The local currency was trading at 79.98 US cents at 0700 AEDT on Monday, from 80.14 on Friday.

CURRENCY SNAPSHOT AT 0700 AEDT:

One Australian dollar buys:

* 79.98 US cents, from 80.14 on Friday

* 88.47 Japanese yen, from 88.87 yen

* 65.19 euro cents, from 65.37 euro cents

* 57.58 British pence, from 57.62 pence

* 109.78 NZ cents, from 109.79 cents

GOLD:

The spot price of gold in Sydney at 0700 AEDT was $US1,331.34 per fine ounce, from $US1,331.58 per fine ounce on Friday.

BOND SNAPSHOT AT 0700 AEDT:

* CGS 4.50 per cent April 2020, 2.1071pct, unchanged

* CGS 4.75pct April 2027, 2.8191pct, unchanged

Sydney Futures Exchange prices:

* March 2018 10-year bond futures contract at 97.125 (implying a yield of 2.875pct), unchanged from Friday

* March 2018 3-year bond futures contract at 97.705 (2.295pct), from 97.715 (2.285pct).

(*Bond market closes taken at 1630 AEDT previous local session; currency closes taken from 1700 AEDT previous local session)