Daily FNArena News

With gold now above US$1,000 per ounce there are increasingly mixed views on the price outlook for the metal.

Weekly musings from your editor. Here’s why I retain a positive view for risk assets on a twelve month horizon.

It’s been a good quarter for the global economy, but with recovery more than priced in, the momentum might be hard to maintain.

Australian labour force data for September were far stronger than the market had forecast. The RBA must feel vindicated.

According to Barclays Capital the market is underestimating base metal prices longer-term.

While many feel that developing Asia will continue to be insulated against the financial crisis, falling investment levels are now raising some doubts.

Australian housing finance aprovals fell slightly in August but the details reveal a better result.

Trading volumes for the ASX were stronger in September and brokers continue to see value in the stock.

Gold broke through previous highs last night as rumours circulated that America’s Gulf state allies were in talks to shift away from trading oil denominated in US dollars.

Lifting the quality of Brambles pallets in the US will raise costs, leading to some broker downgrades.