Bernanke inspired fears ease

Australian markets are expected to post modest early gains as Woodside prepares to drop its quarterly production report.

The Bernanke factor finally appears to be waning on global markets.

Wall Street advanced modestly to new records overnight, up around 0.12%, after the Federal Reserve chairman reiterated his point that monetary policy would only tighten when the economy strengthened – and that was still some way off.


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