ASX set for opening bounce as sentiment swings

Summary

• Futures are pointing to a gain of 67 points or 1.2% at the open for the ASX
• Wall Street rallied strongly overnight on positive data and an improved COVID trajectory
• Brent crude is up 1.7% and US oil 3.1%, but Iron ore has slipped 3.4% to $US99.85 a tonne
• RBA Deputy Governor Guy Debelle is due to speak on the central bank's policy actions and balance sheet