The Australian sharemarket is set for a positive start to the week after US stocks rebounded as oil prices eased and an update on inflation across the United States came in close to economists’ expectations.

The Australian sharemarket is set for a positive start to the week after US stocks rebounded as oil prices eased and an update on inflation across the United States came in close…

The Australian sharemarket has opened higher while oil prices have advanced in early Asian trade, regaining most of their losses over the weekend.