2230 GMT - Australia's S&P/ASX 200 is set to start another trading session in the red, adding to recent losses that Thursday pulled the benchmark index to a six-week low. ASX futures are 0.6% weaker ahead of the bell despite an earlier steadying in U.S. stocks on Wall Street. Joseph Palmer & Sons' Alex Moffatt reckons "we can expect some sanity to return to the markets today with investors having had time to have a good think about what the Federal Reserve was saying." Although, he points out Australia's diverging economic outlook as the Reserve Bank stands pat on rates. "The Australian Dollar is a fair guide as to what foreign investors think of our economy and at US$0.6250 and AUD2.0033 to the pound it can only be described as weak," he says.([email protected]; @RhiannonHoyle)

(END) Dow Jones Newswires