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US: U.S. stock futures were trading higher during Monday's evening deals after major benchmark averages remained closed for a public holiday, with news of a tentative deal between the Joe Biden administration and Republican lawmakers boosting sentiment.

Asia: Asia-Pacific markets are mixed on Tuesday with a vote looming ahead on the tentative U.S. debt ceiling deal reached between President Joe Biden and House Majority Leader Kevin McCarthy over the weekend, avoiding a default for the U.S. economy.

India: Benchmark stock indices Sensex and Nifty rose for a third straight day on Monday amid positive trends in the US markets and continuous foreign fund inflows

The market is to open on a flattish note and likely to witness sideways move during the day.

Global Economy: South Korea will cut tariffs from June on higher priced edible products, including pork and sugar, to help ease people's living costs, the finance ministry said on Tuesday. UK shop price inflation strikes new record high. British shop price inflation picked up this month to reach its highest rate since industry records began in 2005, although growth in food prices cooled slightly, a survey showed on Tuesday

Commodities: Gold prices fell slightly on Tuesday, sticking to more than two-month lows amid optimism over a debt ceiling deal and as expectations of more interest rate hikes by the Federal Reserve spurred flows into the dollar.

Oil prices rose on Tuesday as the expectations the debt ceiling deal in U.S., the world's biggest oil user, will spur more demand but fears of further interest rate rises and that OPEC+ will leave output quotas unchanged capped gains.

Currency: Dollar eases as deal over US debt ceiling lifts risk appetite. The U.S. dollar fell on Tuesday against a basket of major currencies but did not drift far from a two-month peak, after a deal over the U.S. debt ceiling lifted risk sentiment, although the agreement could face a rocky path through Congress.

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