Daily FNArena News

A divergence of monetary policy between the Fed and the ECB is threatening the very existence of the euro as a currency.

Standard Chartered met with clients in Asia and came away with clues on how investors in the region view the outlook for Fed action and the outlook for markets and economies in the region.

Gearing levels in the listed property trust sector remain above targeted levels and with other options not proving successful in bringing down gearing equity raisings are being seen as an alternative.

Having been in an uptrend for the past 25 years Macquarie suggests there are a number of issues likely to now weigh on global corporate profit growth.

Chinese authorities appear to be moving towards a combination of monetary and currency appreciation to deal with inflation, which suggests a slower rate of currency appreciation.

Lost supply from Australian producers and scope for a technical bounce from oversold levels suggest some short-term upside for nickel prices.

Ten Network has lowered guidance for its TV division to reflect lower ratings and advertising spending and with forecasts cut accordingly brokers see little reason to be in the stock.

The latest report by BIS Shrapnel suggests limited gains in residential property prices are likely in FY09, though the market should then improve through to FY11.

The weekend has brought about an apparent capitulation on oil production from the Saudis. The US has some more data to mull over this week while it’s pretty quiet in Australia.

RBA governor Glenn Stevens believes the commodity boom could potentially destabilise the Australian economy over the longer term. Higher inrterest rates remain very much on the agenda.