Daily FNArena News

Inflation has likely risen slightly in June, but on a yearly basis it is to remain below RBA targets for longer, reports TD Securities.

Inflation is no threat to the US economy at present, according to TD Securities, so the group sees little chance of any interest rate hike for some time.

Weekly musings from your editor. What is really pushing up prices of commodities?

The RBA makes its latest decision on interest rates amid a number of economic data releases as the corporate side of the market takes a backseat leading into result season in August.

Base metal prices are not supported by fundamentals, argues Foris, so any reduction in Chinese buying could generate a correction.

Commonwealth Bank has updated its views on the economic outlook for 2010, seeing Australia as a solid relative performer and the Aussie dollar as a beneficiary.

Demand remains fickle, but stainless steel producers have found they can raise prices without scaring away their customers.

The Australian economy is well placed to benefit as the global economy recovers, with infrastructure and housing dependent sectors the bet placed for gains, CommSec says.

Fannie Mae and Freddie Mac last night rolled out 125% loan-to-value mortgage refinancing.

ANZ Bank believes emerging Asian economies are unlikely to see a quick recovery in GDP growth.