The Australian share market looks set to open almost half a per cent higher, following the lead of major international markets.
At 0700 AEST on Tuesday, the share price futures index was up 27 points, or 0.48 per cent, at 6,078.
Wall Street followed the upward trend, although its rise was tempered compared to London and European indexes, as investors eyed the looming United States-North Korea summit in Singapore while shrugging off the weekend's factious meeting of the G7.
The Dow Jones Industrial Average rose 0.02 per cent, the S&P 500 gained 0.11 per cent, and the Nasdaq Composite added 14.41 points, or 0.19 per cent, to 7,659.93.
Locally, in economic news on Tuesday, the Australian Bureau of Statistics is due to release April's lending finance data, including housing finance figures.
The ANZ-Roy Morgan Consumer Confidence weekly survey is also due out.
No major equities news is expected.
The Australian market on Friday - its last day of trading because of the Queen's birthday public holiday on Monday - lost ground amid thin trading volumes as investors held fire ahead of the then imminent G7 meeting in Canada..
The benchmark S&P/ASX200 index closed down 12.1 points, or 0.2 per cent at 6,045.2, while the broader All Ordinaries index was 12.6 points, or 0.2 per cent weaker, at 6,156.8 points.
Meanwhile, the Australian dollar on Tuesday morning is higher against its US counterpart.
The local currency was trading at 76.10 US cents at 0700 AEST on Tuesday, from 75.77 on Friday.
CURRENCY SNAPSHOT AT 0700 AEST:
One Australian dollar buys:
* 76.10 US cents, from 75.77 on Friday
* 83.71 Japanese yen, from 82.93 yen
* 64.58 euro cents, from 64.37 euro cents
* 56.88 British pence, from 56.50 pence
* 108.31 NZ cents, from 108.04 cents
The spot price of gold in Sydney at 0700 AEST was $US1,300.40 per fine ounce, from $US1,294.599 per fine ounce on Friday.
BOND SNAPSHOT AT 0700 AEST:
* CGS 4.50 per cent April 2020, 2.1766pct, unchanged
* CGS 4.75pct April 2027, 2.7758pct, unchanged
Sydney Futures Exchange prices:
* March 2018 10-year bond futures contract at 97.205 (implying a yield of 2.795pct), from 97.220 (implying a yield of 2.780pct) on Friday
* March 2018 3-year bond futures contract at 97.775 (2.225pct), from 97.785 (2.215pct).
(*Bond market closes taken at 1630 AEST previous local session; currency closes taken from 1700 AEST previous local session)