Daily FNArena News

Hedge funds are back in the news as metal trader Red Kite announced 20% losses for January, prompting a panic sell-off in copper and zinc.

IMF sales are just one piece in a bullish gold puzzle, according to the biggest coin dealer in the US.

Shareholders might be disappointed that Rio Tinto did not hand out a Christmas bonus, but analysts aren’t.

Steel industry consultant MEPS believes inflated global prices are about to correct for stainless steel products.

An advisory panel has recommended the IMF sell 400t of physical gold to offset its losses, but there won’t be any price collapse.

Davos: Western mining companies have held a secret meeting to discuss ways to head off China’s resource deals in Africa. Bring in the UN?

If history is any guide… Barclays Capital had a look into historical guidance for February.

The market had been turning blue as it held its breath for this latest Fed update. The report card was positive.

Weekly musings from your editor.

Optus is set to expand its 3G coverage from 55% to 96% throughout Australia. Intersuisse flags two small caps that might do well from the initiative.