Australian shares are poised for a higher open Tuesday as investors track Wall Street's rally fueled by the US and China's 90-day trade truce.

In macroeconomy, the Westpac consumer confidence is due 10:30 am and the National Australia Bank business confidence and the final building approvals report for March at 11:30 am Sydney time.

Overnight, the Nasdaq Composite surged 4.4%, the S&P 500 climbed 3.3%, and the Dow Jones Industrial Average jumped 2.8%.

Equity markets cheered the trade agreement between the US and China in a major de-escalation of the global tariff war. Under the deal, the US will lower the tariffs on Chinese imports to 30% from 145%; China's tariffs on US goods will be reduced to 10% from 125%.

The reduced tariffs will remain in place for 90 days as both parties engage further in talks.

In corporate news, ANZ Group Holdings (ASX:ANZ, NZE:ANZ) will soon enable all customers to access core banking services at Australia Post branches, newly appointed Chief Executive Nuno Matos said in a Monday statement.

Elsewhere, Rio Tinto Group (ASX:RIO) and Japan's Sumitomo Metal Mining have signed final joint venture agreements to develop the Winu copper-gold project in Western Australia, with Sumitomo acquiring a 30% stake for up to AU$430.4 million, according to a Monday statement by the company.

Australia's benchmark index was little changed at 8,233.50 on Monday.