A private gauge of China’s manufacturing activity bounced back into expansionary territory in June, as a temporary trade truce between Beijing and Washington eased some pressures on Chinese factories.

NZD/USD edges lower after registering more than 0.50% losses in the previous session, trading around 0.6090 during the Asian hours on Tuesday. The pair remains subdued following the release of the economic data from New Zealand and its close trading partner, China.

China's manufacturing activity shrank for a third month in June, an official survey showed on Monday, reinforcing expectations for more stimulus to support the economy as it faces pressure from U.S. tariffs and fragile demand at home.