Daily FNArena News

Weekly musings by your editor. It’s the time of many new beginnings: a correction for commodities, a global economic slowdown, falling interest rates and… prospects for better times ahead?

A controlled read on wage costs helps the case for future rate cuts, but it’s just the first drop in the bucket.

This week gold broke its significant 50-week moving average. The week isn’t over yet. Will it recover?

Australian consumer sentiment rose in August, boosted by lower fuel prices and rate cut hopes.

Spot uranium has remained at US$64.50 over the week past, TradeTech reports.

The core infrastructure and rail divisions delivered for United Group, but brokers remain mixed, seeing issues with the services division.

NAB’s July Survey of Business Conditions shows further deterioration, supporting prospest of future rate cuts.

The US dollar has shocked the world with a dramatic bounce. Could China have something to do with it?

The Aussie dollar has been slammed in recent weeks, but Westpac expects a recovery against the US dollar into 2009.

The RBA quarterly statement by no means suggests a 50 point cut is forthcoming. In fact, it doesn’t even suggest 25 is coming soon.