Daily FNArena News

FNArena is one of few remaining truly independent providers of financial markets analysis, financial commentary and business news in Australia. Our Daily Financial News is not based on ASX lodgements or corporate press releases, but more so on updated views, insights and responses from stockbrokers and other experts. FNArena is not aligned with any financial institution, hence the moniker “independent”. We have a long history of publishing out-of-consensus views and market analysis. Our quest is not to be bullish or bearish, but to correctly assess future trends.

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Previous Stories

Aussie Labour Market Data Cloud Picture On Rates

Jul 10 2008 - Australia

Labour market data for June came out stronger than expected and add to the conflicting economic signals at present, which is clouding the rate pciture for the RBA.


Global Survey Suggests Credit Crisis Has Further To Run

Jul 10 2008 - FYI

Credit insurance group Atradius has surveyed businesses globally and come away with the conclusion the global credit crisis still has further to run.


Where’s the $5 Value, IAG?

Jul 10 2008 - Australia

The IAG strategy update left all analysts totally unsurprised. But where were the numbers to explain the rejection of the QBE bid?


Korea To Increase Base Metal Stockpiles

Jul 10 2008 - Commodities

Sick of scrambling to secure raw materials from tight supplies, South Korea announced it would triple stockpiles.


Rudi On Thursday

Jul 09 2008 - FYI

Weekly musings by your editor. Let’s suppose high oil prices are here to say. Does anyone still see any benefits in portfolio diversification?


Oz Housing Finance The Latest Casualty

Jul 09 2008 - Australia

Retail sales seem the only paradox in Australia as now housing finance joins the ever growing list of weakening data.


Correction In Commodities Could Drag Aussie Dollar Lower

Jul 09 2008 - FYI

The previously bullish picture for the Aussie dollar is becoming more clouded with recent weakness in commodity prices, ANZ suggesting any correction would likely drag the Aussie dollar down as well.


Aussie Consumer Sentiment Falls To 16 Year Low

Jul 09 2008 - Australia

The July reading for the Westpac-Melbourne Institute Index of Consumer Sentiment was down more than 6% as consumers continue to feel the pinch from higher petrol prices.


Further Upside Expected In Aluminium

Jul 09 2008 - Commodities

Danske Bank remains bullish on aluminium given the expectation China will soon switch to being a net importer of the metal and prices are currently close to the cost of production.


Spot Uranium At US$60 Per Pound

Jul 08 2008 - Commodities

TradeTech has raised its weekly spot price indicator for uranium to US$60/lb, but above all investors are back, the consultant reports.


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