Daily FNArena News

The train crash that is Commander could not come up with any legitimate bids for either a takeover or cornerstone investor.

Boom Logistics has announced its fourth profit downgrade this year, and the outlook still appears tough.

Barclays Capital’s monthly analysis of seasonal trends shows the December rally in equities is not just a myth, while aluminium prices generally perform and the euro gains.

Surbiton Associates points out Australian gold production has been flat over the past year.

Price inflation remains on an uptrend suggesting more RBA rate hikes should be expected, even though it may not occur this week.

Australia, New Zealand, Canada, Europe and the UK all make rate decisions this week, while a raft of US data may determine the Fed’s decision for next week.

The US Treasury reveals plans to freeze reset mortgages as the Dow posts up-day number four.

GaveKal’s analysis of its own sentiment indicators suggests the US stock market is technically oversold.

Ben Bernanke suggested that economic data releases between now and December 11 will determine whether the Fed cuts or not.

The Dow did not race up again last night but nor did it race down.