Daily FNArena News

GaveKal fears the days of China’s deflationary impact may be over.

The Dow recovered from down 120 last night to close up 44 as traders attempted to digest economic data and other developments.

Employment increased by over 52,000 in November compared to 20,000 expected, but there were some factors that may make this number even more unreliable than most.

Will there be a last minute Christmas rush in the US, as usual? And how will the American consumer behave in 2008?

Macquarie suggests Insurance Australia Group has more than just a hail storm to worry about.

A globally coordinated central bank rescue package announced by the Fed last night sounded pretty good, but ultimately failed to excite. The Dow closed up 41.

Weekly musings from your editor. Silver is expected to outperform bigger brother gold next year, but only if you’re a silver bug who doesn’t believe in market consensus.

Ports and rail group Asciano has updated the market on its strategy and while most came away happy enough Merrill Lynch saw it as adding to the uncertainty surrounding the company.

A minor tick up in Aussie confidence in December was a solid result.

A 25/25 rate cut saw the Dow fall 300 points last night.