Share on twitter by Timothy Moore Australian shares are poised to open lower as Wall St slipped. RBA cash rate decision, Victoria budget ahead.At about 4.50am AEST, ASX futures were 9 points lower. The Australian dollar fell 0.7 per cent.After opening higher, shares on Wall Street were lower in afternoon trade. The Federal Reserve begins a scheduled two-day rate meeting tomorrow. Apple reports results after the market closes tomorrow.The Bloomberg Dollar Spot Index advanced 0.3 per cent to the highest in more than 15 weeks. The yield on 10-year Treasuries fell one basis point to 2.94 per cent, the lowest in more than a week. The RBA meets later today and is expected to keep the cash rate at 1.5 per cent for a 19th consecutive meeting. Later in the day, Phillip Lowe will speak at a board meeting dinner in Adelaide. And on Friday, the RBA is increasingly expected to lift its inflation guidance, while lowerings its economic growth forecast. Advertisement ANZ is scheduled to report its full-year results today.In an April 27 dated report, Macquarie Wealth Management said it expected, in ANZ’s case, the market to focus on “expense management guidance, potential revenue leakages from its restructuring programme and an update on… Read full this story
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