Daily FNArena News

There is disagreement about what the drought will do to wine prices, but Deutsche Bank has upgraded beleaguered McGuigan Simeon on hopes for 2008.

China’s retail sales were up but industrial output down in October, the data supporting the view the economy will slow but a soft landing will be achieved.

Chinese steel exports to Europe are surging and pressuring prices, with industry consultant MEPS suggesting prices could fall further.

Weekly musings from your editor.

Vodafone Australia is looking to increase its product offering by acquiring fixed broadband assets in Australia.

ChemGenex has received fast-tracking status from the US FDA for its Leukaemia compound, ABN Amro Morgans suggesting the stock may move higher as a result.

What happens when you conduct a survey about consumer confidence over five days immediately following the announcement of another RBA rate hike? That predictable sinking feeling!

Wall Street staged a late rally as the Fed decided interest rates now look “about right”.

The NSW economy has been Australia’s worst of late and the Commonwealth Bank sees little improvement until the housing sector turns around, likely late next year.

With the technical outlook for gold continuing to be favourable, Austock Securities has provided some valuation measures for the stocks it covers in the sector.