Daily FNArena News

Increasing interest rate expectations in Australia are being backed up with yet another positive indicator.

Why wait when the direction is clear? The Aussie moved beyond US$0.80 last night.

There is too much inventory in the US housing market, Macquarie analysts suggest. James Hardie is heavily exposed.

Intersuisse has reiterated its Buy rating on M2 Telecommunications as the company continues to grow earnings.

Hutchison Australia’s proposed restructuring should improve the company’s financial situation, but at the expense of much of the upside for existing shareholders.

With some signs of a tightening in the copper market BHP Billiton has agreed the likely return to a surplus may take longer than expected thanks to supply side delays.

Who cares about the great unwashed’s dodgy mortgages when one of the world’s biggest banks wants to merge with another of the world’s biggest banks.

The fear is that the sub-prime mortgage crisis in the US will spill over into reduced consumer spending, and recession, leading to a global recession. Is this justified?

No transactions were recorded in the past week and this week may not be different. Another auction next week could push the price to US$100/lb, experts say.

ABN Amro has revised its nickel price forecasts higher, joining a swag of brokers to have lifted estimates in recent sessions.