Summary

• The ASX 200 slipped as much as 2.5% on Tuesday, wiping out August's gains. The index was last 1.8% lower. 
• The Aussie dollar is above US74c and earlier touched its highest since August 2018, US74.13c
• The Reserve Bank of Australia held the cash rate at a record low 0.25% ahead of the June national accounts on Wednesday
• Major Asian markets are mixed today, though are still outperforming the ASX 200. US futures are up 0.1% at 2.30pm AEST