02-08-2016 02:44 via news.yahoo.com

Asian shares subdued, RBA rate decision awaited

Asian shares edged lower in early trading on Tuesday, taking their cues from a modestly lower day on Wall Street as U.S. crude oil prices slid. The Reserve Bank of Australia's policy board will decide on Tuesday whether rates should be left at 1.75 percent 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. "Granted consumer confidence is down and the unemployment rate ticked
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