Australian shares are set to open lower; April trade data pending; Bullock to appear before Senate committee; oil rises; bitcoin extends fall. Follow live.

The Australian sharemarket has made an unsteady start to the week amid more uncertainty over a peace deal in the Middle East.

Shares set to slip at the open; Australian dollar near US72¢, Brent drops to $US91; GDP, RBA governor testimony in Canberra among this week’s highlights.