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The Australian sharemarket is tipped to press the sell button today with futures suggesting our market will tumble 90 points, or 1.3% to 6,777 at the open. The RBA is likely to hold rates at all-time record low of 0.75%. We saw Santos drop its 2019 production guidance to 74-76 mmboe (from 73-77 mmboe). Treasury Wine Estates has appointed Toni Korsanos to join its board as Non-Executive Director. The Aussie dollar is trading at a weekly high of 68.20 US cent as the US dollar lost strength.