Nov 10 (Reuters) - Australian shares were set to fall marginally when markets open, tracking overnight losses on Wall Street after the U.S. Federal Reserve Chair Jerome Powell's comments suggested that interest rates could be raised further to tame inflation.

The local share price index futures fell 0.1%, a 2.1-point premium to the underlying S&P/ASX 200 index close. The benchmark rose 0.3% on Thursday.

New Zealand's benchmark S&P/NZX 50 index fell 0.5% in early trade.

(Reporting by Poonam Behura in Bengaluru; Editing by Lisa Shumaker)