Daily FNArena News

The RBA provided its reasons for leaving rates unchanged. September quarter GDP growth comes in as expected. Will strength continue?

Brokers have offered mixed reviews on the Metcash profit result, some seeing value at current levels but others arguing increased competition will constrain performance.

In line with expectations, the Reserve Bank has decided to leave official interest rates unchanged, for now.

It was another soft night on the Street, spurred on by broker downgrades across the financial sector.

More press reports from China suggest a counter bid for Rio Tinto is a high probability.

Don’t think the Fed is the only central bank having to make tough decisions.

Austin Engineering has expanded in North America and brokers see the acquisition as contributing immediately to earnings as well as providing opportunities longer-term.

Transpacific Industries has refinanced its debt facility and this will allow management to again focus on operational issues, so brokers continue to see upside from current levels.

Danske Bank suggests recession fears in the US will bring rates down 0.75%, while the EU will follow the US as growth slows down short-term but picks up later in 2008.

The Dow gave back 57 points in quiet Monday trade.