Daily FNArena News

Demand remains fairly straightforward, but supply continues to be the influencing (and volatile) factor in base metal price forecasts.

ABN Amro Warants believes investors should consider taking some profits on their CSL shares, but coming back when the share price dips is considered wise as well.

The RBA was unmoved as expected.

Morgan Stanley’s Stephen Roach has returned from a fourth trip to India in the past three years more confident its growth story is moving into full swing thanks to moves to address its challenges.

Nickel has remained surprisingly strong amidst increased volatility and selling pressure for metals in 2007. Expert opinions remain sharply divided about the way forward.

The US has announced a new military presence in Africa which is not just about the War on Terror.

Allegations have been made in a popular silver newsletter questioning the financial backing of Perth Mint certificate products. These allegations are quite simply unfounded.

A disappointing quarterly and a cut to earnings guidance has Telecom New Zealand under pressure, with brokers suggesting earnings risk remains to the downside.

It’s “Moderate Overweight” only, but Merrill Lynch strategists have lifted their resources sector weighting from Neutral. Elsewhere, Rio gets a downgrade.

The AIG/CBA Performance of Services Index was flat at 49.5 points in January, below the 50 point level that divides economic expansion from contraction suggesting ongoing tough conditions.