Daily FNArena News

Brokers agree with the Asciano board that the private equity bid is a joke. It likely won’t end here.

The July CBA/AiG Performance of Services Index showed a further decline as all sectors are finding the combination of higher interest rates and fuel prices difficult to overcome.

Employment has been a bright spot for the Australian economy in recent months but the slowdown in the broader economy means the ANZ Job Ads series is now trending down.

Suncorp-Metway has joined the party in terms of cutting earnings guidance and as a result brokers have mixed views about the stock at current levels.

The spot uranium market is busier than usual this time of the year, industry consultant TradeTech reports.

Australia, the US, Europe and UK all make rate decisions this week. Australia awaits the monthly employment data.

Inflation rose to a 16-year high in July in Europe, and unemployment increased for the first time in three years.

The latest release of the joint TD Securities-Melbourne Institute gauge of inflation has revealed a difference in opinion.

The latest data have impending rate cut written all over them.

With Freddie & Fannie threatening to blow up, why aren’t we back over US$1000/oz?