The Aussie market is poised to open lower later this morning, after US and European markets fell overnight as traders were cautious ahead of the Federal Reserve’s policy meeting this week.

The September SPI futures contract is down 12 points, at 5079.

In local economic news today, the Reserve Bank of Australia releases the minutes of its September board meeting, the Australian Bureau of Statistics releases August new motor vehicles sales figures and the ANZ-Roy Morgan weekly consumer confidence survey is due out.

In equities news, Brambles has an investor briefing.

Key numbers:

– SPI futures down 12pts at 5079

– AUD at 71.38 US cents, 85.79 Japanese yen, 63.06 Euro cents and 46.29 British pence

– On Wall St, S&P 500 -0.4%, Dow -0.4%, Nasdaq -0.3%

– In Europe, Stoxx 50 -0.4%, FTSE 100 -0.5%, CAC 40 -0.7%, DAX +0.1%

– Spot gold up $US1.06 or 0.1% to $US1109.01 an ounce

– Brent crude down $US1.63 or 3.4% to $US46.51 a barrel

– Iron ore slips 1.5% to $US58.10 per tonne

What’s on today:

ANZ Roy Morgan weekly consumer sentiment, minutes of the Reserve Bank of Australia September board meeting, August new vehicle sales; The Bank of Japan will announce monetary policy at the end of a two-day meeting in Tokyo; Germany ZEW survey; US retail sales, industrial production.

Stocks in focus:

Papua New Guinea-focused gas producer Oil Search has left the door open for suitor Woodside Petroleum and rival energy players to lob higher bids.

Credit Suisse has a ‘neutral’ rating on Tatts Group (TTS) and a $3.40 target price.

Citi has a ‘buy’ recommendation on News Corp (NWS) and a $24.60 target price.

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