The FOMC kept rates on hold as expected at 0-0.25%. Federal Reserve Chairman Ben Bernanke had a cautious tone saying he would keep rates at these levels for an extended period of time.
Articles by Marcus Padley 
Morning Market Report: Rates to stay on hold
Morning Market Report: Gold is a big mover
Gold was the big mover overnight putting on $31 to $1085. The market is up 4, while the Dow closed down 17.
Morning Market Report: A Wall St shocker
Wall St. had a shocker on Friday closing down 250. Today, the market is down 115 and the Aussie dollar has dropped to 89.72c.
Morning Market Report: The US economy returns to growth
The US economy returns to growth and Wall St had a good session, up 200, while our own market was up 70.
Morning Market Report: Market gives up its prior gains
Things weren’t looking too positive today, with the market down 90 and the SFE Futures down 80 points this morning. Wall St. also fell over again overnight.
Morning Market Report: All S&P 500 sectors down
The market gave away early gains with all ten S&P 500 sectors finishing lower. Wall street finished down 104, and the domestic market is down 45.
Morning Market Report: Market, Wall St down
The market is down 27, and Wall St closed down 109 on Friday.
Morning Market Report: US market reverses in the last hour
The US market reversed in the last hour last night, with Wall St falling 92. The local market is down 3, but the Aussie dollar is up to 92.89c.
Morning Market Report: Poor housing results damage markets
Housing starts and building permits coming in below expectations saw Wall St fall 51 overnight, while the market here was down 18.
Morning Market Report: Dollar and market down
The Aussie dollar fell to 91.41c — the weaker-than-expected seeing the market down 58, while Wall Stwas also down, 67.
Morning Market Report: Market hits a fresh yearly high
The market hit a fresh yearly high today, up 55, while the Dow cracked 10,000 for the first time in over a year and the Aussie dollar’s rise continues.
Morning Market Report: Wall St finally falls
Wall St. fell for the first time in 6 sessions last night, down 15, but the local market is up 17 and the Aussie dollar is up to 90.86c.
Morning Market Report: Dow hit a 12 month high
The Dow hit a 12 month high, the market is down 1 today, while Wall St closed up 78 on Friday.
Morning Market Report: A big night for metals
The market is down 6, and Wall St closed up 61. It was a huge night for metals, with Zinc, Lead and Nickel all up, and the Aussie dollar hit a 14-month high of 90.63c.
Morning Market Report: US 3rd quarter results kick off
The US 3rd quarter results season kicked off with the first major result from Alcoa last night — the stock is up 5.8%. Meanwhile, the market is up 38, but the Dow closed down 6.
Morning Market Report: Gold looks golden
The story overnight was Gold after it hit a record intraday high and closed up $21.90 to $1040. Meanwhile, the market is up 65, and Wall St was up 131.
Morning Market Report: Gold bulls stay in the game
The market is up 26 today, and Wall St closed up 112. A $13.50 rally in the gold price overnight to $1017 has kept the gold bulls in the game after they bought the last break only to see it fall over again.
Morning Market Report: A quiet start to the week
The Labour Day holiday in most states has made for a quiet start to the week, with the market down 6. Overseas, worse-than-expected economic numbers pushed the market lower.
Morning Market Report: Mark drops down, down, down
Not a good start to the quarter, with the market down 94 and Wall St closing down 203, it’s biggest fall since July.
Morning Market Report: Market down, but metals forge ahead
The market is down 10, and Wall St closed down 30, but metals had a strong session, with zinc, nickel and gold all up.
Morning Market Report: Another day looking down
The better-than-expected S&P/Case-Shiller home price index failed to inspire the market today, which was down 11, while Wall St closed down 47.
Morning Market Report: Market making up losses
The market is up 84, managing to make up for the losses yesterday. Wall St also had a big day, closing up 124.
Morning Market Report: A sorry start to the week
It’s a bad start to the week, with the market down 67 and Wall St closing down 42.
Morning Market Report: Tougher FIRB laws
The federal government has altered the laws relating to foreign investment. The government wants the foreign share of greenfields development in the resources sector to be below 50%, and around 15% for major miners.
Morning Market Report: Market and Wall St both down
The market is down 12. The SFE Futures were down 28 this morning. Wall St was also looking glum, closing down 81.





