Sept 6 Australian shares are set to open
slightly lower on Tuesday as investors gear up for a central
bank policy meeting later in the day, which is seen as likely to
be a non-event after the recent rate cuts witnessed in August
The Reserve Bank of Australia (RBA)is expected to hold its
cash rate steady at a record low of 1.5 percent at its monthly
policy meeting, a Reuters poll of economists showed on Monday.
The local share price index futures fell 0.4
percent, a 31.6-point discount to the underlying S&P/ASX 200
index close. The benchmark closed about 1.1 percent
higher on Monday.
New Zealand's benchmark S&P/NZX 50 index dipped as
much as 0.24 percent in early trade, after Monday's record
(Reporting by Anusha Ravindranath in Bengaluru, editing by G