Daily FNArena News

Hopes of a rescue for stricken US bond insurers helped to encourage buyers back into stocks as the Dow turned down 300 into up 300.

Today’s CPI data suggest one more rate hike is necessary and only a deteriorating global economy will be able to keep the RBA on hold.

Weekly musings from your editor. Prepare for earnings estimates and price targets to drop as securities analysts adjust to the post-correction new reality.

December quarter’s inflation figures in Australia came out high.

The latest reading into the Australian economy, admittedly before the January turmoil, continues to signal a healthy outlook lies ahead.

Wall Street saw what happened in the rest of the world and opened the Dow down 464 points. But the Fed decided to make an emergency rate cut of 75 basis points and the Dow came racing back.

Don’t be fooled by any “value opportunities”, says Dennis Gartman. Resist to buy, even in case of a rally following the panic wave.

Citi has joined the Buy recommendations on gold miner Avoca Resources on a day when gold stocks have been slammed.

The story of uranium this week is about one forced seller and a tumbling spot price.

Stocks in Asia, Europe and elsewhere suffered huge falls yesterday and overnight as all confidence is lost in the financial sector and the Bush rescue package is seen as inadequate.