Analysts: The Reserve Bank of Australia is expected to remain on hold and will not start a rate cut cycle this year

The Reserve Bank of Australia is likely to continue to resist the trend of dovish policy shifts by major central banks, choosing to maintain the policy for the seventh consecutive meeting on Tuesday, according to a team of analysts at financial website Fxstreet. Looking ahead to the RBA's policy decision, analysts at TD Securities said: "The RBA's communications and data since the August meeting do not provide a compelling reason to change its stance at this week's meeting, ruling out the possibility of a rate cut this year." (Jinshi)