ASX set to Pull Back as Investors Eye Fed Decision and Tech Earnings

The Australian sharemarket is poised to pull back after Monday's strong gains, with futures pointing to a fall of 31 points or 0.4% at the open.

Investors will be watching comments from Reserve Bank of Australia governor Michele Bullock, while attention is turning to Wednesday's US Federal Reserve decision and a heavy week of major technology earnings.

The ASX posted its strongest session since mid-June on Monday as oil prices retreated following reports that the United States and Iran had paused hostilities after almost two weeks of airstrikes.