Daily FNArena News

Caltex may have already had a strong run, but Merrill Lynch is of the view that stronger Singapore refiner margins will push it higher.

Higher oil prices pushed inflation higher in the 1970s, but UBS suggests the world has changed and the inflationary impact now should be less severe.

ETF buyers had begun to return cautiously at the bottom of the gold correction, but once the Fed cleared the air the dam walls broke.

Slowing economic growth in the US is expected to impact on Asian markets. ABN Amro has a few favourites.

China’s reforms may be moving at a slow pace, but HSBC says they seem to be straight out of World Bank executive summaries and that a strange sort of soft landing is on the cards.

China is taking measures to limit domestic steel production. The world is expected to benefit from this.

China’s manufacturing production grew for the seventh straight month in June, but input cost increases more than balance out higher prices.

Consensus estimates point to a 0.25% increase in Japan’s interest rates, although a more conservative 0.15% may eventuate.

The latest data from an international study group suggest copper will be in surplus in 2006, but Citigroup analysts believe the group has significantly miscounted Chinese stocks.

The contract has been signed: Aspect Huntley becomes part of the Morningstar group.