Investing.com - Asian shares held weaker on Tuesday in holiday-thinned trade with the focus on a central bank rate decision in Australia.
In Australia, the S&P/ASX 200 eased 0.24% with the financial subindex down 0.6% with ANZ Bank down 0.5%, while National Australia Bank dipped 0.49%.
The RBA is set to announce its monetary policy decision at 2:30 p.m. local time, where economists mostly expect the central bank to keep the cash rate at a record low of 1.50 percent.
"The RBA Board Meeting is unanimously expected to be on hold, though markets will be paying close attention to the post meeting statement," said Tapas Strickland, an economist at the National Australia Bank.
In Japan, the Nikkei 225 fell 0.7%. Markets in China, Hong Kong, Taiwan and India are closed for public holiday.
Overnight, U.S. stocks were lower after the close on Monday, as losses in the Industrials, Consumer Services and Basic Materials sectors led shares lower.
At the close in NYSE, the Dow Jones Industrial Average fell 0.06%, while the S&P 500 index fell 0.16%, and the NASDAQ Composite index fell 0.29%.