Daily FNArena News

No great surprise as the RBA does what it felt it had to do.

Citigroup analyst Alan Heap has yet to catch uranium-itis. Has anyone else noticed Paladin’s market cap is rapidly approaching ERA’s?

Industry consultant MEPS sees steel prices drifting lower in coming months before recovering in 2007, a view shared by a number of stockbrokers.

There has been no let up in the growth of Australian online advertising.

Election? What election? Another burst of private equity bidding has seen the Dow spectacularly shake off any thoughts of either election or correction.

TD Securities’ monthly inflation data and ANZ’s job ad survey were released today. On these numbers, will the RBA still raise?

Rio has told assembled analysts that it no longer expects metal prices to regress this year, and market tightness will likely mean peaks have not been reached and the cycle will extend for some time.

Southern Cross Equities notes Healthscope has been a beneficiary from the improved performance of Medibank Private and sees this trend continuing.

The uranium spot price hasn’t changed over the past week. Expectations are that further rises will occur over the next few weeks.

Tuesday is a big day in Australia, when bets will be placed, fingers will be crossed and nerves will be tested. Oh, and there’s the Melbourne Cup too.