Daily FNArena News

An acquisition has given Ansell 20% of the Brazilian condom market, brokers seeing it as the first of what may be a number of acquisitions going forward.

Australia will wait keenly to hear on Tuesday night just what goodies will be handed out, while the US, UK and Europe all make rate decisions.

Investment consultants GaveKal have been asked just what might the upset the current purple patch in global economies and equity markets.

While quarterly earnings were a litle better than estimated, brokers remain cautious on Telecome New Zealand given the uncertainty of regulatory issues.

As the US dollar continued its bounce against the euro, supply data, fund buying and a strike in Peru combined to send gold higher last night.

As yet more gold sales are registered by European central banks, the market is starting to wonder whether talk of quota shortfalls might be misplaced.

Patersons Securities continues to rate Arasor International a Speculative Buy, the broker’s price target more than twice its current share price.

Hedge funds may now post the biggest risk of a crisis since the 1998 collapse of LTCM, the Fed warns.

Industry consultant MEPS expects prices for both flat and long steel products in Asia to post short-term gains, but the increases are unlikely to last beyond the middle of the year.

Weekly musings of your editor.