Daily FNArena News

NAB’s October Business Survey has made decision makers at the RBA a great deal more uncomfortable with the current low cash rate.

The thinking is sound and the time is right for AMP to take out AXA, analysts suggest, but the price will have to be higher.

NAB’s monthly Business Survey and Economic Outlook for October showed further gains in both business confidence and conditions, causing upward revisions to its growth forecasts.

After a few tumultuous weeks the uranium spot market has steadied, booking only a minor decline last week.

Macquarie’s latest Taxi Tracker survey shows competition in the market is intensifying.

The ANZ Job Ads Series for October showed modest falls, leading the bank to suggest the RBA won’t lift rates again in December.

If the GFC were the Olympics, Australia would be leading the medal count, as it will probably be the only OECD economy to expand this year.

Weekly musings from your editor. Are investors looking at the right message while the markets are correcting?

US unemployment flew past 10%, but investors shrugged off the bad news seeing stocks post some minor gains. Dow up 17 points.

Transurban has rejected a $5.25 per share takeover bid form a pair of Canadian pension plans, but the game’s not over yet say brokers.