Daily FNArena News

BIS Shrapnel expects further increases in Asian construction activity in coming years with China leading the way as the migration to cities continues.

Analysts have tripped over themselves in the rush to downgrade IAG following a shocker of a result.

After a slow news week last week and relatively calm markets, this week sees a step up in economic data both locally and in the US. Just how confident is the US consumer?

Stocks rallied strongly on little volume to close the week on a high note following some surprising data.

Commodity & Energy strategists at BCA research are of the view that sheer euphoria has been replaced with overdone pessimism in the uranium sector. A recovery is on the cards, they believe.

Despite the credit crunch, commodity investment instruments are holding their own.

Country wide shares traded as much as 20% higher in Wednesday’s aftermarket on news of the BA stake. However both Countrywide and the market closed flat last night.

Markets have settled since the US Federal Reserve lowered its discount rate but Danske Bank suggests it is still too early to re-establish carry trade positions.

ASX-youngster Arasor is about to be confronted with some angry institutional investors as management has combined negative news with a more positive outlook.

The New Zealand dollar has fallen as investors exit the carry trade but Macquarie Equities sees little economic fallout from the change in investor attitude to risk.