Daily FNArena News

The share price of uranium hopeful Alliance Resources has dropped over 30% since the release of its resource estimate. Is this justified?

There were no particular industry sectors popping corks last night, and the RBA should not be too concerned. But what else is in store before the election?

Beach Petroleum’s poor first quarter does not reflect underlying problems. To ABN Amro it is a “core” holding.

Funds have moved back in. The FOMC is expected to leave interest rates unchanged. So what does this mean for precious metals and gold in particular?

The US Dollar is weak against the euro and the British pound and is unlikely to recover soon according to both Danske Bank and SVB Financial Group.

Stock analysts have begun to consider the unthinkable.

Airline Partners Australia has announced this morning it will not pursue legal options on the disputed Qantas bid, and confirms the bid has officially lapsed.

The opening session of Nymex U3O8 futures saw a high of US$140/lb and a settlement of US$135/lb on thin volume.

Is this time “it” ? Market watchers and experts believe gold seems finally poised to break through US$695/oz and beyond.

ANZ’s latest monthly survey in job advertisements shows a decline for newspaper ads, but strong growth on the internet keeps the trend strong and healthy.