Chinese economic data released over the weekend will be pushing trading higher at the Australian share market.

The Sydney Futures SPI was 12 points higher at 4577. Trading at the U.S. S&P500 climbed 5.37 points to 1109.55, while the European FTSE 100 went up 7.48 points to 5501.64.

Airlines and banks are expected take on the limelight today. Air New Zealand (AIZ) shares fell 3.5 cents at 98.5 cents, and supposed partner Virgin Blue Holdings Limited (ASX: VBA) shares also went down three cents at 40 cents.

Financial services provider AXA Asia Pacific Holdings Limited (ASX: AXA) is up two cents at $5.10; however, bidder National Bank of Australia (ASX: NAB) shares cost 17 cents lower at $24.67.

The beverage companies Coca Cola Amatil Limited (ASX: CCL) and Foster's Group Limited are down. CCL decreased 11 cents at $11.91 and so did FGL with 10 cents at $6.25. CCL chief executive Terry Davis told reporters in New York on Thursday the company had no interest in joining the bidding for Foster's Group's wine business.

The miners are still in the major league with Cockatoo Coal Limited (ASX: COK) shotting higher 2.5 cents at 52.5 cents but it may sell some or all of its Surat Basin assets in Queensland to Japan's Mitsui and Company Limited.

Another Japanese investor in Australia, Sekisui House, is collaborating with Lend Lease Group (ASX: LLC). LLC is up 26 cents at $7.52.