Australia shares seen up on economy confidence

SYDNEY, Nov 6 (Reuters) - Australian stocks are set to gain on Friday, boosted by a rally on Wall Street sparked by optimism over an economic recovery, though resource stocks may struggle after falls in copper, oil and gold prices.

Stock index futures rose 59 points to 4,571, a 63 point premium to the 4,508 close of the underlying S&P/ASX index <.AXJO> on Thursday.

New Zealand's benchmark NZX 50 index <.NZ50> rose 33.3 points or 1.1 percent to 3,177.8 in early trade.

In economic news, the Reserve Bank of Australia will issue its statement on monetary policy at 11:30 a.m. (0030 GMT). ----------------------MARKET SNAPSHOT @ 2130 GMT ------------

INSTRUMENT LAST PCT CHG NET CHG S&P 500 <.SPX> 1066.63 1.92% 20.130 USD/JPY 90.74 -0% 0.000 10-YR US TSY YLD 3.5293 -- 0.009 SPOT GOLD 1090.3 -0.19% -2.050 US CRUDE 79.67 -0.91% -0.730 DOW JONES <.DJI> 10005.96 2.08% 203.82 ASIA ADRS <.BKAS> 122.66 1.35% 1.63 ------------------------------------------------------------- * Wall St ends sharply higher on economy hopes [.N] * Oil falls below $80; demand outlook uncertain [O/R] * Disappointed investors retreat from gold [GOL/] * Copper falls, rising inventories signal weak demand [MET/L]

For a digest of the day's business stories in Australian newspapers, double click on [PRESS/AUB]