(Reuters) - Australian shares are expected to open little changed on Tuesday as investors will likely stay on the sidelines ahead of a widely anticipated interest rate cut by the local central bank.
Reserve Bank of Australia is all but certain to trim its cash rate to a record low of 0.75% when it meets on Tuesday and is seen easing again in early 2020 to boost inflation and support a sluggish economy, a Reuters poll showed.
The local share price index futures <YAPcm1> was flat, a 0.3-point discount to the underlying S&P/ASX 200 index <.AXJO> close. The benchmark fell 0.4% on Monday.
New Zealand's benchmark S&P/NZX 50 index <.NZ50> was barely changed in early trade.
(Reporting by Anushka Trivedi in Bengaluru; Editing by Matthew Lewis)
