The Australian share market looks set to open lower, ignoring the positive sentiment emerging in late afternoon trading sentiment on Wall Street.
At 0700 AEDT on Tuesday, the share price futures index was down 19 points, or 0.31 per cent, at 6,015.
In the US, Wall Street's main indexes were higher despite coming under pressure in early afternoon trading with GE shares hitting their lowest in five years and investors fretting over the future of the US tax reform plan.
The Dow Jones Industrial Average was up 0.12 per cent, the S&P 500 was also up 0.12 per cent and the Nasdaq Composite was up 0.18 per cent at 0718 Tuesday AEDT.
Locally, in economic news on Tuesday, the ANZ-Roy Morgan Consumer Confidence weekly survey and the National Australia Bank's monthly business survey are due out.
In equities news, Incitec Pivot and RuralCo are expected to post full-year results, while NBN Co is slated to release its first-quarter results.
National Australia Bank is expected to release its annual report while Computershare, Newcrest Mining and Estia Health have their annual general meetings.
The Australian market on Monday closed slightly lower, dragged back by two of the big four banks - ANZ and Westpac - trading ex-dividend.
The benchmark S&P/ASX200 index fell 7.6 points, or 0.13 per cent, to 6,021.8 points
The broader All Ordinaries index lost 7.1 points, or 0.12 per cent, to 6,097.2 points.
Meanwhile, the Australian dollar, with little news to give it impetus, has continued to slide against its steady US counterpart.
The local currency was trading at 76.25 US cents at 0700 AEDT on Tuesday, from 76.61 on Monday.
CURRENCY SNAPSHOT AT 0700 AEDT:
One Australian dollar buys:
* 76.25 US cents, from 76.61 on Monday
* 86.618 Japanese yen, from 86.973 yen
* 65.37 euro cents, from 65.73 euro cents
* 58.16 British pence, from 58.34 pence
* 110.48 NZ cents, from 110.54 cents
The spot price of gold in Sydney at 0700 AEDT was $US1,278.43 per fine ounce, from $US1,276.905 per fine ounce on Monday.
BOND SNAPSHOT AT 0700 AEDT:
* CGS 4.50 per cent April 2020, 1.8503pct, unchanged
* CGS 4.75pct April 2027, 2.5756pct, unchanged
Sydney Futures Exchange prices:
* December 2017 10-year bond futures contract at 97.35 (implying a yield of 2.65pct), from 97.36 (implying a yield of 2.64pct) on Monday
* December 2017 3-year bond futures contract at 98.03 (1.97pct), unchanged.
(*Bond market closes taken at 1630 AEDT previous local session; currency closes taken from 1700 AEDT previous local session)