Australian shares are poised for a higher open Wednesday after Wall Street rallied on news that the US and the European Union agreed to pursue a trade deal within the next six weeks.

In macroeconomy, the country's monthly consumer price index indicator and construction work done are due at 11:30 am Sydney time.

Overnight, the Nasdaq Composite surged 2.5%, the S&P 500 climbed 2%, and the Dow Jones Industrial Average jumped 1.8%.

Equity markets rallied on the trade agreement, with President Donald Trump expressing optimism about the bloc's accelerated efforts to advance trade negotiations.

In corporate news, Fisher & Paykel Healthcare (ASX:FPH, NZE:FPH) reported Wednesday that its underlying earnings per diluted share in fiscal 2025 rose to NZ$0.639 from NZ$0.226 a year earlier.

MAC Copper (ASX:MAC) entered a binding scheme implementation deed with Harmony Gold Mining for the South Africa-based mining and exploration company to acquire all the shares in MAC Copper via a scheme of arrangement for $12.25 per share in cash.

Infratil (ASX:IFT, NZE:IFT) reported Wednesday fiscal 2025 loss of NZ$0.306 per diluted share, compared with earnings of NZ$0.952 a year earlier.