Daily FNArena News

Inflows of capital throughout Asia are growing as the region is an increasingly attractive investment destination and economies should benefit as the inflows aid development.

Natixis Commodity Markets sees conditions in base metal markets as remaining supportive, though prices in 2008 are likely to be lower than this year.

Natixis Commodity Markets highlights the upward drift of “floor” prices in precious metals.

The RBA surprised no one this morning by holding the cash rate steady this month.

Macquarie analysts have lifted their rating and target price for Telstra based on election year urgency surrounding a fast broadband network for Australia.

Rio Tinto has a lot more in its uranium bag than just ERA, as brokers have suddenly realised.

ANZ Bank sees a changing of circumstances for the Australian dollar, suggesting the US dollar and not economic fundamentals is likely to drive the currency short-term.

Queensland’s uranium policy is still up in the air, while GSJB Were believes ERA and Paladin are overvalued.

Earnings forecasts for IT group Oakton have been lifted as the company’s Acumen acquisition is expected to boost earnings in FY08 by at least 10%.

The People’S Bank of China has again lifted bank reserve requirements but the experts see it as a less effective policy move than lifting interest rates and allowing the currency to appreciate.