May 2 Australian shares are expected to open
firm on Tuesday, tracking gains in Wall Street, while investors
await a key central bank policy meeting.
In its monthly policy meeting later in the day, the Reserve
Bank of Australia is seen holding its cash rate at a record low
of 1.5 percent, according to a Reuters poll of economists.
The local share price index futures rose 0.15
percent, or 9 points, to 5945, an 11.5-point discount to the
underlying S&P/ASX 200 index close.
The benchmark finished 0.6 percent higher in the previous
New Zealand's benchmark S&P/NZX 50 index was flat at
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(Reporting by Rushil Dutta in Bengaluru; Editing by James