03 Sep Australia shares set to edge up; NZ slightly down
Sept 5 (Reuters) – Australia shares are likely to open
marginally higher on Tuesday, as investors await the Reserve
Bank of Australia policy meet later in the day, while material
stocks are expected to be up on gains in commodity prices.
According to a Reuters poll of economists, Australia’s
central bank is expected to keep its cash rate at a record low
of 1.5 percent at its monthly policy meeting.
Among commodities, Chinese steel rebar futures jumped to
their highest in
marginally higher on Tuesday, as investors await the Reserve
Bank of Australia policy meet later in the day, while material
stocks are expected to be up on gains in commodity prices.
According to a Reuters poll of economists, Australia’s
central bank is expected to keep its cash rate at a record low
of 1.5 percent at its monthly policy meeting.
Among commodities, Chinese steel rebar futures jumped to
their highest in
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