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Asia stocks set to trade mixed; Australia's rate decision ahead

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Stocks in Asia were set to trade mixed on Tuesday. The Reserve Bank of Australia is set to announce its interest rate decision.

Futures pointed to a higher open Japanese shares, but Australian stocks were set for muted trade.

Shares of Apple suppliers in the region could see a boost on Tuesday, after the Cupertino-based tech giant's stock jumped 2.4% overnight on the back of a price-target increase by an analyst at J.P. Morgan.Stocks in Asia were set to trade mixed on Tuesday, with Australia's central bank set to announce its rate decision.

Meanwhile, shares in Australia were set to open little changed. The SPI futures contract was at 6,687.0, as compared to the S&P/ASX 200's last close at 6,688.30.

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