The Australian market looks set to open higher following a strong performance on Wall Street after the World Bank said the global economy was at a turning point.
At 0645 AEDT on Thursday, the March share price index futures contract was up 24 points at 5,229.
In economic news on Thursday, the Australian Bureau of Statistics releases labour force figures for December and international merchandise imports data for the same month.
TD Securities/Melbourne Institute inflation gauge for December is also due to be released.
In equities news, Rio Tinto and Woodside Petroleum are expected to post fourth quarter production reports.
In Australia, the market on Wednesday recovered some of Tuesday's losses due to a strong lead from the US.
Wall Street finished strongly firmer after official data showed US retail sales rose by a stronger-than-expected 0.2 per cent in December.
Locally, the benchmark S&P/ASX200 index was 33.4 points, or 0.64 per cent, higher at 5,245.4.
The broader All Ordinaries index was up 35.7 points, or 0.68 per cent, at 5,255.5.