Asia Pacific markets were mostly set to fall Tuesday, breaking ranks from Wall Street, which saw a tech-fuelled rally stateside.

The rally followed Amazon shares rising 4% on a $38 billion deal with OpenAI, a move that will use hundreds of thousands of Nvidia’s graphics processing units. Nvidia also gained about 2% after it secured export licenses to ship its chips to the United Arab Emirates.

Australia’s S&P/ASX 200

started the day down 0.12% as investors awaited the Reserve Bank of Australia’s policy decision.

Futures for Hong Kong’s Hang Seng index