The ASX 200 futures index was up 17 points at 4,272 on Sunday, pointing to a positive start in Australia on Monday.
However, there is speculation policy makers will take measures such as cutting interest rates or cutting banks' reserve requirements to spur the economy.
On the Australian company front, the earnings season gets into full swing following a week of weaker results last week, with engineering firm Downer EDI, retailer JB Hi-Fi and gold miner Newcrest reporting on Monday.
On the local economic front, the June quarter wage price index out on Wednesday is expected to show a one per cent gain in wages.
That points to a 3.7 per cent gain for the year, which the Reserve Bank would be content with, as underlying inflation was about 2 per cent and productivity growth was 1.5 per cent, The NAB business survey, to be released on Tuesday, is likely to show business conditions and confidence rising modestly but still at poor levels
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