Market participants are likely to closely monitor speeches from policymakers at the U.S. central bank.
New York Fed President John Williams and Cleveland Fed President Loretta Mester are both scheduled to comment on the world's largest economy on Tuesday.
On the data front, investors are likely to monitor the latest light vehicle sales figures for June on Tuesday.Elsewhere, oil prices were slightly higher afteruntil March 2020 during a meeting in Vienna, Austria on Monday. The Middle East-dominated producer group overcame their differences in order to continue with a policy designed to prop up the price of crude.
OPEC is scheduled to meet with Russia and other non-OPEC producers, an energy alliance known as OPEC+, later on Tuesday to discuss supply cuts amid surging U.S. output.
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