Australia shares seen opening up on Fed comments

SYDNEY, Feb 25 (Reuters) - Australian shares are set to inch
up on Monday after reassuring comments from U.S. Federal Reserve
officials that the central bank will maintain policy stimulus
for the world's largest economy, although weaker metal prices
will cap the gains.

* Local share price index futures rose 0.4 percent
to 5,014, a 4.1-point discount to the underlying S&P/ASX 200
index. The benchmark rose 0.8 percent on Friday, but
still lost 0.3 percent over the week.
* New Zealand's benchmark NZX 50 index rose 0.4
percent to 4,232.7 in early trade.
* U.S. stocks rose on Friday as Dow component
Hewlett-Packard surged on strong results and on the reduced
concerns that the central bank would curtail its stimulus
measures.
* Copper slipped to a two-month low on Friday, posting its
biggest weekly loss in 14 months on concerns about the global
economy and the demand for industrial metals.
* Australia's troubled third-ranked television station, Ten
Network Holdings, sacked its chief executive late on
Friday, just a year after it poached him from rival operator
Seven West Media Ltd.

----------------------MARKET SNAPSHOT @ 2151 GMT ------------
INSTRUMENT LAST PCT CHG NET CHG
S&P 500 1515.6 0.88% 13.180
USD/JPY 94.59 1.3% 1.210
10-YR US TSY YLD 1.9618 -- 0.000
SPOT GOLD 1580.9 0.00% 0.000
US CRUDE 93.13 0.31% 0.290
DOW JONES 14000.57 0.86% 119.95
ASIA ADRS 136.49 1.50% 2.02
-------------------------------------------------------------

* Wall St rebounds on HP results, Fed officials' views
* Oil slightly higher for day, down for the week
* Gold posts second weekly loss on economic hopes
* Copper hits 2-mth low on global economy concerns

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(Reporting by Maggie Lu Yueyang; Editing by John Mair)