Daily FNArena News

With no transactions recorded, the uranium spot price is unchanged from US$54/lb leading into Christmas.

Simply awful is probably the best way to describe the data that are being released in China these days.

Poor prices and tough credit conditions are causing mining companies to cutback spending and Barclays Capital notes this will create serious supply side issues once demand returns.

A lack of supply and improving affordability should underpin housing prices in Australia according to ANZ Banking Group.

Next week will undoubtedly see a reaction to Canberra’s new stimulus package, while the outcome of the US auto industry bailout will also be under the microscope.

Predictions for 2009 are flowing in and DBS joins the queue in downgrading its outlook and forecasts for the Asian region.

A survey by Barclays Capital at its Commodities Conference in the US shows professional investors remain committed to the sector.

November labour force data for Australia showed a fall in jobs in line with expectations, but economists see a further weakening as the economic outlook worsens.

For the first time in seven years Chinese exports have fallen raising serious questions about the country’s real economic prospects through this recession.

But not all brokers are convinced.