The Australian share market edged lower on Monday despite strong US earnings and easing rate hike expectations. The financials sector declined sharply following Westpac's quarterly update. The Reserve Bank's interest rate decision and press conference loom tomorrow, with markets closely watching for signals on future policy. Key earnings updates from ANZ and CBA are expected this week.

Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean.

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