Daily FNArena News

The RBA surprised the market and kept the cash rate target at 3.75% leaving analysts and economists to scramble for explanations and new predictions.

ANZ has updated its views on the oil market for 2010, suggesting while prices may be range bound this month the trend through the year is likely to be one of higher prices.

The bottom line is that the RBA raised its cash rate an unprecedented three months in a row last year, and now it would like to let tightening take effect before making the next move.

Uranium prices dropped more than 5% in January, with the spot price now back to March 2009 levels.

NAB’s survey into business confidence has generated a surprisingly large drop in December.

It doesn’t happen every month, but both PMIs for Chinese manufacturers showed a different picture in January.

As fast growing emerging nations continue to industrialise, the decade ahead should see higher global growth.

A 0.8% increase in January in the TD Securities-MI inflation gauge suggests Australian inflation momentum is picking up.

ANZ’s latest survey into job ads in Australia showed an unexpected decline.

Weekly musings from your editor. Don’t underestimate what is happening in risk markets: a trend has come to an end.