Daily FNArena News

NAB’s July Survey of Business Conditions shows further deterioration, supporting prospest of future rate cuts.

The US dollar has shocked the world with a dramatic bounce. Could China have something to do with it?

The Aussie dollar has been slammed in recent weeks, but Westpac expects a recovery against the US dollar into 2009.

The RBA quarterly statement by no means suggests a 50 point cut is forthcoming. In fact, it doesn’t even suggest 25 is coming soon.

Higher sulphur costs have seen Minara’s earnings fall and as UBS notes additional funding will likely be required, which suggests little share price upside in the medium-term.

As reporting season begins to speed up, where will company profits take us post RBA economic policy statement?

The market had begun pricing in a September rate cut but July jobs data makes such an outcome unlikely according to economists.

Analysts see plenty of upside in Asciano post result, but there are still a lot of questions.

Westpac has conceded more provisions will be necessary as stressed loans are on the increase. Today’s operational update doesn’t contain too many details though.

The Japanese government believes Japan – the world’s largest consumer of Australian exports – is heading into recession.