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Australia shares set to rise at open; NZ dips

    Nov 2 (Reuters) - Australian shares are expected to firm on
Monday after shedding 3.9% last week, as the country reported
zero new COVID-19 cases for the first time in five months, while
heavyweight mining stocks are set to find support in robust iron
ore prices. 
    The absence of new daily coronavirus community infections on
Sunday paves the way for the further easing of social-distancing
restrictions.             
    Markets will eye Tuesday's central bank cash-rate decision
and the U.S. presidential election.
    The local share price index futures          rose 0.9%, a
14.4-point discount to the underlying S&P/ASX 200 index        
close. The benchmark ended 0.6% lower on Friday and posted its
biggest weekly drop in six months.
    New Zealand's benchmark S&P/NZX 50 index         fell 0.2%
in early trade. 
    

 (Reporting by A K Pranav in Bengaluru; Editing by Peter Cooney)
  
 
 
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