Markets Live: Fed is the focus

The Fed is the focus today.

The ASX is set for gains after traders set fresh records on Wall Street while waiting for details from a Federal Reserve policy meeting.

The common currency reached a one-week high versus the greenback at $US1.2005.

Greenback falls ahead of Fed

The US dollar weakened against a basket of currencies in advance of a Federal Reserve meeting where policymakers are expected to decide on shrinking the central bank's $US4.5 trillion in bond holdings.

ASX slides as consumer stocks weigh

A choppy session for the sharemarket ended on a weak note on Tuesday, with stocks that benefit from strong consumer sentiment suffering.

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Six signs the Sydney market is cooling

Sydney's housing market has shown signs of cooling for almost a year. Here are six indicators to follow to judge the rate of cooling and hel...

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