In the US session ISM Manufacturing PMI figures were released. A measure of U.S. manufacturing activity surged in June likely as steel and aluminum tariffs caused disruptions to the supply chains, resulting in factories taking longer to deliver goods. The Institute for Supply Management (ISM) said on Monday its index of national factory activity jumped to a reading of 60.2 last month from 58.7 in May. A reading above 50 in the ISM index indicates an expansion in manufacturing, which accounts for about 12 percent of the U.S. economy.

Tomorrow’s session will be marked by RBA interest rate decision though analysts do not predict any changes. There will be no major data releases in the US part of the session.

Figures to watch:

RBA Rate Statement/Cash Rate (Tuesday 5:30)