The Australian Share Market has started the session flat with the market in and out of negative territory as investors digest another busy day of company...

The Australian Share Market has started the session flat with the market in and out of negative territory as investors digest another busy day of company reporting's. Overnight we did have Fed Reserve Chair Janet Yellen indicating the Fed was in no hurry to raise its benchmark interest rate. Yellen not really telling the market what it didn't already know, however the Fed funds futures now pricing in probable rise in October. With another mixed bag of earnings & no significant news from the Fed there was no reason for stocks to push higher. Market Turnover on the day was quite strong at $1.682 billion. This afternoons trade will take a little different tone to the start of the week with the China HSBC Manufacturing PMI data to be released at 12:45 AEDT it does present a significant piece of data for the first time all week. For the whole wrap please visit (VIEW LINK)