Daily FNArena News

The latest Westpac-ACCI Survey of Industrial Trends has delivered some mixed data, with price pressures rising but growth still above trend.

Merrill Lynch believes current earnings expectations are deluded, Macquarie sees positive returns, while Deutsche Bank has upgraded ANZ to Buy.

Morgan Stanley has initiated coverage on iiNet with an Overweight rating, supported by earnings growth assumptions in coming years that are above market consensus.

Post China’s announcement of greater renminbi flexibility, this column discusses new empirical research on what happens to economies when they exit exchange rate pegs that are resisting appreciation.

Twenty-first century metallurgical advances have liberated the value of an extensive gold-copper resource at Ravensthorpe for junior miner Tectonic Resources.

A glance through the latest expert views and predictions about commodities with a return to Chinese currency appreciation unlikely to have a significant impact on commodities plus some updates to forecasts for Oz steel sector plays.

Indian gold demand remains related to price but central bank buying appears on the up, leading UBS to lift its forecasts. Re-published today because we made an error yesterday.

Price targets and ratings have been changed as mining analysts at Morgan Stanley incorporate RSPT hangover in their models.

US equities appear on their way to carve out a head-and-shoulders pattern on price charts, BTIG strategist Mike O’Rourke points out.

Q3 is shaping up as a highly volatile quarter dominated by economic data and government decisions, argue Gain Capital’s Brian Dolan and Jane Foley.