Daily FNArena News

The threat of all out war in the Middle East only added to market jitters overnight as high oil prices invoked fears of higher interest rates, economic slowdown and possible recession.

After a bad couple of months, several analysts are changing the way they look at QBE, speculating the market may be missing some value.

Former market darling Rinker (RIN) continues to be punished by the market on the expectation margins and earnings will come under pressure, but Intersuisse maintains the market is over-reacting.

One of the long standing ‘no change’ advocates now concedes the RBA is likely to hike rates again at its August meeting.

The uranium debate in Australia has slipped off the front page, but in the meantime brokers have been increasing price forecasts. This bodes well for ERA.

Traders sold the yen overnight as comments by the Japanese finance minister created fresh doubt as to the size of any move on interest rates following the Bank of Japan meeting today and tomorrow.

A tip-off straight from the burning fire: Downer EDI is looking to expand in the UK.

Allco has teamed up with Deutsche Bank Capital Partners to add Collection House to their debt collection operations, The Sheet reports.

Weekly musings from your editor.

Intersuisse suggests Zinifex could return a combined 40% return over the next 12 months as it continues to benefit from strong zinc prices.