Trade between the United States and China, currencies in the foreground

Overnight on Wall Street, shares had a mixed session. The Dow Jones Industrial Average fell for the first time in four sessions, losing 79.29 points to close at 26,179.13. The S & P 500 closed its trading day just above the flat line at 2,867.24, while the Nasdaq Composite rose 0.25% to close at 7,848.69.

Tuesday's moves came after the publication of good manufacturing data in the US and China boosted morale during Monday's session. The Dow index broke the 26,000 mark for the first time since February 26. The index 30 also rose more than 300 points on Monday. while the S & P 500 and Nasdaq both rose more than 1%.

The United States and China are expected to resume trade talks in Washington on Wednesday after last week's talks in Beijing. Before the meeting, White House economic adviser Larry Kudlow said the two countries "expect to make further progress" in this week's negotiations.

The US dollar index, which compares the greenback to a basket of peers, was at 97.309, after peaking at around 97.5 yesterday.

The Japanese yen traded at 111.28 against the dollar after peaking at 111 earlier in the trading week.

The Australian dollar was at US $ 0.7056 after the US $ 0.711 plunge in the previous session, following a statement by the Reserve Bank of Australia (RBA).

RBA Governor Philip Lowe said in his statement that his bank "will continue to monitor the situation and put in place a monetary policy to support sustainable growth", while maintaining the policy rate at 1.50%.

This statement, which replaced the previous monetary policy terms, said Rodrigo Catril, currency strategist of the National Australia Bank, was interpreted by the market as "a nod to consider future rate cuts."

The recognition by the Australian central bank "for the first time that housing slowdown is weighing on consumption" also added "the feeling of a dovish bias" to the RBA, Catril said.

Oil prices were mixed in the morning of Asian trading hours. The Brent crude international futures contract rose 0.25% to 69.54 dollars a barrel, while US futures reached 62.56 dollars a barrel, just below the flat line.

– Fred Imbert of CNBC contributed to this report.