Shares to rise with Westpac tipped with $1.9b cash profit; $A hits two-month high; Wall Street up; Car Group to post earnings. Follow updates here.

Stocks and the Australian dollar are poised to rise with eyes on the central bank and the Commonwealth Bank results for clues on the economy and interest rates.

Stocks rose on Wall Street and Treasury yields fell after the government reported that employers unexpectedly cut 23,000 jobs last month.