Interest rates Australia

Shares in the Asia-Pacific traded mixed at the open on Tuesday ahead of the Reserve Bank of Australia's rate decision.

[Brent crude](https://www.cnbc.com/quotes/@LCO.1) futures slipped 0.66% to $95.11 per barrel after climbing nearly 3% on Monday. [CNBC Pro subscribers can read more here.](https://www.cnbc.com/2022/09/06/wall-street-pros-on-adding-cash-to-your-portfolios.html) The While the actual impact on FX liquidity is small … this cut serves as a strong policy signal that the PBOC is uncomfortable with the rapid depreciation of the currency," analysts at Goldman Sachs Economics Research wrote in a note late Monday. crude](https://www.cnbc.com/quotes/@CL.1) [extended gains from the previous session,](#107113820-UoSpkEvIG) while [Brent crude](https://www.cnbc.com/quotes/@LCO.1) declined slightly. [CNBC Pro subscribers can read more here.](https://www.cnbc.com/2022/09/06/analyst-says-buy-this-tech-etf-for-a-long-term-growth-story.html) [OPEC and its allies agreed to a small production cut](https://www.cnbc.com/2022/09/05/oil-opec-surprises-energy-markets-with-a-small-production-cut.html). [S&P/ASX 200](https://www.cnbc.com/quotes/.AXJO) was little changed. [Australian dollar](https://www.cnbc.com/quotes/AUD=) was slightly stronger at $0.6809 in morning trade. [Kospi](https://www.cnbc.com/quotes/.KS11) in South Korea rose 0.14% and the Kosdaq gained 0.43%. [Nikkei 225](https://www.cnbc.com/quotes/.N225) slipped 0.17% and the Topix index lost 0.3%.