The International Monetary Fund expects the global economy to grow 3.1% this year and 3.4% in 2017 - both forecasts unchanged from July. The US economy is now tipped to grow 1.6% this year, down from the 2.2% estimate made in July.

US sharemarkets fell on Tuesday. A stronger greenback weighed on globally-focussed stocks and a weaker gold price hit precious metal producers. Traders also positioned ahead of Friday's jobs report. The Dow Jones index fell by 85 points or 0.5% after being down 137 points. The SP 500 index was lower by 0.5% while the Nasdaq lost 12 points or 0.2%.

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have effected or may effect transactions for their own account in any

investments or related investments referred to in this report. This report is

not a recommendation to buy, sell or hold any securities or financial products,

and has been prepared without taking account of the objectives, financial or

taxation situation or needs of any particular individual.  For this reason, any individual should,

before acting on the information in this report, consider the appropriateness

of the information, having regard to the individual's objectives, financial or

taxation situation and needs and, if necessary, seek appropriate professional

advice.  This report is produced by

Commonwealth Research based on information available at the time of publishing.  We believe that the information in this

correspondence is correct and any opinions, conclusions or recommendations are

reasonably held or made as at the time of its compilation, but no warranty is

made as to accuracy, reliability or completeness.  To the extent permitted by law, neither the

Bank nor any of its subsidiaries accept liability to any person for loss or

damage arising from the use of this report.

The ASX 200 is down 0.3%, following a weak lead from Wall Street overnight. Telcos, Utilities and Industrials are the worst performers, while IT and Real Estate stocks are outperforming the market. 

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank).  The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is not a recommendation to buy, sell or hold any securities or financial products, and has been prepared without taking account of the objectives, financial or taxation situation or needs of any particular individual.  For this reason, any individual should, before acting on the information in this report, consider the appropriateness of the information, having regard to the individual's objectives, financial or taxation situation and needs and, if necessary, seek appropriate professional advice.  This report is produced by Commonwealth Research based on information available at the time of publishing.  We believe that the information in this correspondence is correct and any opinions, conclusions or recommendations are reasonably held or made as at the time of its compilation, but no warranty is made as to accuracy, reliability or completeness.  To the extent permitted by law, neither the Bank nor any of its subsidiaries accept liability to any person for loss or damage arising from the use of this report.

The central bank has left the cash rate on hold in October at a record low of 1.5%. The central bank has maintained its neutral stance, barely changing the wording in its statement. 

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank).  The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is not a recommendation to buy, sell or hold any securities or financial products, and has been prepared without taking account of the objectives, financial or taxation situation or needs of any particular individual.  For this reason, any individual should, before acting on the information in this report, consider the appropriateness of the information, having regard to the individual's objectives, financial or taxation situation and needs and, if necessary, seek appropriate professional advice.  This report is produced by Commonwealth Research based on information available at the time of publishing.  We believe that the information in this correspondence is correct and any opinions, conclusions or recommendations are reasonably held or made as at the time of its compilation, but no warranty is made as to accuracy, reliability or completeness.  To the extent permitted by law, neither the Bank nor any of its subsidiaries accept liability to any person for loss or damage arising from the use of this report.

The ASX 200 has finished the session up 0.1%, regaining early losses thanks to strong buying in the Energy, Materials and Healthcare sectors. 

This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank).  The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is not a recommendation to buy, sell or hold any securities or financial products, and has been prepared without taking account of the objectives, financial or taxation situation or needs of any particular individual.  For this reason, any individual should, before acting on the information in this report, consider the appropriateness of the information, having regard to the individual's objectives, financial or taxation situation and needs and, if necessary, seek appropriate professional advice.  This report is produced by Commonwealth Research based on information available at the time of publishing.  We believe that the information in this correspondence is correct and any opinions, conclusions or recommendations are reasonably held or made as at the time of its compilation, but no warranty is made as to accuracy, reliability or completeness.  To the extent permitted by law, neither the Bank nor any of its subsidiaries accept liability to any person for loss or damage arising from the use of this report.

US sharemarkets fell on Monday, led lower by financial and technology stocks. Tesla shares rose 4.7% after the electric carmaker said third-quarter deliveries rose by 70% to 24,500 cars. Investors positioned at the start of a new week, month and quarter. Traders also await key employment data on Friday. The Dow Jones index fell by 54 points or 0.3% after being down 104 points. The SP 500 index was lower by 0.3% while the Nasdaq lost 11 points or 0.2%.

Hello All,

Please find today’s Market Update. Feel

free to download and disseminate on your radio stations.

Kind Regards,

The CommSec Media Team

This report is

approved and distributed in Australia by Commonwealth Securities Limited ABN 60

067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary

of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the

Bank).  The Bank and its subsidiaries

have effected or may effect transactions for their own account in any

investments or related investments referred to in this report. This report is

not a recommendation to buy, sell or hold any securities or financial products,

and has been prepared without taking account of the objectives, financial or

taxation situation or needs of any particular individual.  For this reason, any individual should,

before acting on the information in this report, consider the appropriateness

of the information, having regard to the individual's objectives, financial or

taxation situation and needs and, if necessary, seek appropriate professional

advice.  This report is produced by

Commonwealth Research based on information available at the time of publishing.  We believe that the information in this

correspondence is correct and any opinions, conclusions or recommendations are

reasonably held or made as at the time of its compilation, but no warranty is

made as to accuracy, reliability or completeness.  To the extent permitted by law, neither the

Bank nor any of its subsidiaries accept liability to any person for loss or

damage arising from the use of this report.

Australian shares are improving strongly on light holiday interrupted trade. Financials faring best. 

This report is

approved and distributed in Australia by Commonwealth Securities Limited ABN 60

067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary

of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the

Bank).  The Bank and its subsidiaries

have effected or may effect transactions for their own account in any

investments or related investments referred to in this report. This report is

not a recommendation to buy, sell or hold any securities or financial products,

and has been prepared without taking account of the objectives, financial or

taxation situation or needs of any particular individual.  For this reason, any individual should,

before acting on the information in this report, consider the appropriateness

of the information, having regard to the individual's objectives, financial or

taxation situation and needs and, if necessary, seek appropriate professional

advice.  This report is produced by

Commonwealth Research based on information available at the time of publishing.  We believe that the information in this

correspondence is correct and any opinions, conclusions or recommendations are

reasonably held or made as at the time of its compilation, but no warranty is

made as to accuracy, reliability or completeness.  To the extent permitted by law, neither the

Bank nor any of its subsidiaries accept liability to any person for loss or

damage arising from the use of this report.

Local shares hit their best levels in five weeks although volume was light due to a number of state holidays and the closure of China's market this week. Banks did much of the heavy lifting while energy stocks were the best improvers. 

This report is

approved and distributed in Australia by Commonwealth Securities Limited ABN 60

067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary

of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the

Bank).  The Bank and its subsidiaries

have effected or may effect transactions for their own account in any

investments or related investments referred to in this report. This report is

not a recommendation to buy, sell or hold any securities or financial products,

and has been prepared without taking account of the objectives, financial or

taxation situation or needs of any particular individual.  For this reason, any individual should,

before acting on the information in this report, consider the appropriateness

of the information, having regard to the individual's objectives, financial or

taxation situation and needs and, if necessary, seek appropriate professional

advice.  This report is produced by

Commonwealth Research based on information available at the time of publishing.  We believe that the information in this

correspondence is correct and any opinions, conclusions or recommendations are

reasonably held or made as at the time of its compilation, but no warranty is

made as to accuracy, reliability or completeness.  To the extent permitted by law, neither the

Bank nor any of its subsidiaries accept liability to any person for loss or

damage arising from the use of this report.

The Reserve Bank of Australia is expected to keep the cash rate on hold at 1.5% in October. It follows 0.25% cuts in May and August. 

Hello All,

Please find today’s Market Update. Feel

free to download and disseminate on your radio stations.

Kind Regards,

The CommSec Media Team

This report is

approved and distributed in Australia by Commonwealth Securities Limited ABN 60

067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary

of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the

Bank).  The Bank and its subsidiaries

have effected or may effect transactions for their own account in any

investments or related investments referred to in this report. This report is

not a recommendation to buy, sell or hold any securities or financial products,

and has been prepared without taking account of the objectives, financial or

taxation situation or needs of any particular individual.  For this reason, any individual should,

before acting on the information in this report, consider the appropriateness

of the information, having regard to the individual's objectives, financial or

taxation situation and needs and, if necessary, seek appropriate professional

advice.  This report is produced by

Commonwealth Research based on information available at the time of

publishing.  We believe that the information

in this correspondence is correct and any opinions, conclusions or recommendations

are reasonably held or made as at the time of its compilation, but no warranty

is made as to accuracy, reliability or completeness.  To the extent permitted by law, neither the

Bank nor any of its subsidiaries accept liability to any person for loss or

damage arising from the use of this report.

CommSec Advisory’s Nicky Kritikos speaks with

Tom Piotrowski about upcoming AGMs and the bank reporting season which kicks

off on October 6 with Bank of Queensland. 

Hello All,

Please find today’s Market Update. Feel

free to download and disseminate on your radio stations.

Kind Regards,

The CommSec Media Team

This report is

approved and distributed in Australia by Commonwealth Securities Limited ABN 60

067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary

of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the

Bank).  The Bank and its subsidiaries

have effected or may effect transactions for their own account in any

investments or related investments referred to in this report. This report is

not a recommendation to buy, sell or hold any securities or financial products,

and has been prepared without taking account of the objectives, financial or

taxation situation or needs of any particular individual.  For this reason, any individual should,

before acting on the information in this report, consider the appropriateness

of the information, having regard to the individual's objectives, financial or

taxation situation and needs and, if necessary, seek appropriate professional

advice.  This report is produced by

Commonwealth Research based on information available at the time of publishing.  We believe that the information in this

correspondence is correct and any opinions, conclusions or recommendations are

reasonably held or made as at the time of its compilation, but no warranty is

made as to accuracy, reliability or completeness.  To the extent permitted by law, neither the

Bank nor any of its subsidiaries accept liability to any person for loss or

damage arising from the use of this report.

US sharemarkets rebounded on Friday on reports that Deutsche Bank could secure a lower settlement with US authorities on a legal dispute. The Dow Jones index rose by 165 points or 0.9% with the SP 500 index up by 0.8% while the Nasdaq rose by 43 points or 0.8%. Over the week the Dow rose by 0.3% with the SP 500 up 0.2% and the Nasdaq rose 0.1%.

Hello All,

Please find today’s Market Update. Feel

free to download and disseminate on your radio stations.

Kind Regards,

The CommSec Media Team

This report is

approved and distributed in Australia by Commonwealth Securities Limited ABN 60

067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary

of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the

Bank).  The Bank and its subsidiaries

have effected or may effect transactions for their own account in any

investments or related investments referred to in this report. This report is

not a recommendation to buy, sell or hold any securities or financial products,

and has been prepared without taking account of the objectives, financial or

taxation situation or needs of any particular individual.  For this reason, any individual should,

before acting on the information in this report, consider the appropriateness

of the information, having regard to the individual's objectives, financial or

taxation situation and needs and, if necessary, seek appropriate professional

advice.  This report is produced by

Commonwealth Research based on information available at the time of publishing.  We believe that the information in this correspondence

is correct and any opinions, conclusions or recommendations are reasonably held

or made as at the time of its compilation, but no warranty is made as to

accuracy, reliability or completeness. 

To the extent permitted by law, neither the Bank nor any of its

subsidiaries accept liability to any person for loss or damage arising from the

use of this report.