Daily FNArena News

Spot uranium has registered another price decline, dismissing hopes support at US$95/lb would hold up the price for U3O8.

Austock Securities has intiated coverage on Spark Infrastructure with a Buy rating, seeing the company as a defensive play and attractively priced relative to peers.

Today’s inventory data has negative implications for GDP data due later this week but according to TD Securities there has been no easing in inflationary pressures in the Australian economy.

Australia’s Export credit risk agency has registered a vote of confidence in Equinox by taking a role in organising political risk insurance for the company’s Lumwana copper project in Zambia.

ANZ job ads figures for August show continuing growth on a slowing trend.

Someone has taken a US$900 million US equity bet 35-60% below the current level with three weeks duration. What does this mean?

After flat output for much of the last year Australian gold production rose slightly in the June quarter and industry consultant Surbiton Associates sees scope for further gains.

Australia, Europe and the UK all make rate decisions this week as Sydney is locked down for APEC.

Bernanke’s statement was well received by a market assuming a rate cut will soon be forthcoming. President Bush chimed in with some added relief for mortgage holders.

In case you didn’t like my two extreme suggestions from Wednesday, BCA Research has come up with an alternative route through the current crisis.