Daily FNArena News

Austock’s annual Agribusiness Conference has been completed and the broker has come away with a more optimistic outlook for the growth prospects of companies in the sector.

Another significant price jump and a scheduled private auction have raised the odds uranium will be priced in three digits soon.

Queensland premier Peter Beattie has released a press statement to report that he will now proceed with the lifting of uranium bans in his state.

Westpac Bank estimates the Australian dollar has been undervalued against the US dollar since early 2005, with fair value currently closer to US90c than US80c.

Shares of high tech company Arasor are in high demand as the company seeks to raise $30m to fill some large orders.

What looked like a sure fire bet in 2006 has turned out a massive struggle in 2007. Spot gold is still expected to write US$700/oz this year but in between lays a bumpy road.

A more hawkish than expected speech and continued strong economic data suggests the Reserve Bank of Australia will lift rates by a further 0.25% as early as April.

US equity markets rallied strongly last night because of what the Fed didn’t say.

Weekly musings from your editor.

Rumours abound Russia is attempting to create an OPEC style cartel of natural gas producers, which would control more than 40% of world production and around 70% of global reserves.