Daily FNArena News

Weekly musings from your editor. What if I told you the price of copper is about to soar?

Merrill Lynch has revised its gold price forecasts significantly higher and the broker is not alone in suggesting US$950 per ounce or higher is possible in 2008.

In line with what one would have expected, overall consumer confidence in Australia sank in February.

If history repeats itself spot uranium should soon be rising again.

With solid demand growth and supply concerns to keep the market tight NAB has revised up its forecast for average oil prices in 2008 to US85 per barrel from US$65 previously.

The recent fate of AED Oil only serves to remind that commodity exploration is a risky business that can catch out the best of experts.

Somewhere in the world there’s at least another US$300bn in subprime losses we don’t know about yet.

ANZ Job Advertisements rose again in January, leading the bank’s head of Australian economics Tony Pearson to suggest the Australian labour market will remain tight in coming months.

Former market favourite ResMed delivered a lower than expected quarterly profit result last week and opinions are divided as to the group’s outlook in coming periods.

Housing finance and jobs numbers released this week will give clues as to whether the RBA’s move was a good one.