KM Financial Solutions | Australian shares to slip ahead of RBA policy meet; NZ flat
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Australian shares to slip ahead of RBA policy meet; NZ flat

Australian shares to slip ahead of RBA policy meet; NZ flat

Australian shares were poised to edge
lower on Tuesday as risk sentiment was subdued after China and
the United States began imposing new tariffs on each other’s
goods, while investors also awaited the local central bank’s
cash rate decision.
The Reserve Bank of Australia is expected to keep key
interest rates at a record low of 1% later in the day, though it
will likely cut them again two more times this year to support a
sputtering economy, a Reuters poll showed.

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