Asian shares edged lower in early trading on Tuesday, taking their cues from a modestly lower day on Wall Street as US crude oil prices slid.
The Reserve Bank of Australia's policy board will decide on Tuesday whether rates should be left at 1.75 per cent or trimmed a quarter point to a new record low, with most analysts predicting the need to combat low inflation and a rising currency will win the argument for more stimulus.
Not all commentators, however, are convinced the RBA will announce a rate cut when its decision is made public at 0430 GMT.
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The Reserve Bank of Australia's policy board will decide on Tuesday whether rates should be left at 1.75 per cent or trimmed a quarter point to a new record low, with most analysts predicting the need to combat low inflation and a rising currency will win the argument for more stimulus.
Not all commentators, however, are convinced the RBA will announce a rate cut when its decision is made public at 0430 GMT.
Click here for Free Signals OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my

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