Australia’s share market finished lower and the Aussie dollar edged down towards 70 US cents as the Reserve Bank gave further suggestions of a rate cut next month.
The S&P/ASX200 benchmark index fell by 44.8 points, or 0.72 per cent, to 6184.6 on Tuesday.
The index closed above 6200 on Monday, but failed to rise to new heights following a negative US lead.
The All Ordinaries finished lower by 38.8 points, or 0.6 per cent, to 6396.8.
Meanwhile, RBA assistant governor for financial markets Christopher Kent said rates could go a little lower than they are.
The Aussie dollar was buying 70.39 US cents at 1624 AEDT, down from 70.88 US cents at the close of trade on Monday.