Daily FNArena News

Kicking off 2012 with a look at what’s coming up in the markets this week.

Best Wishes to you all. FNArena resumes its service today. Are you in for the magical ride?

FNArena is enjoying a welcome break. Here’s a quick guide until our return on January 16, next year.

While conditions in global markets remain mixed, steel industry consultant MEPS expects an upturn in steel prices in 2012.

A glance through the latest expert views and predictions about commodities with ANZ noting Chinese confidence remains solid, NAB sees ongoing market headwinds and JP Morgan and UBS offer updates on the oil market.

Technical analysis by ATW’s Jerry Simmons suggests investors should watch further movements in Nasdaq for clues about the outlook for US equities in general.

QRxPharma has signed a strategic partnership with Actavis and brokers are positive on the deal given the royalties to be received and the potential for further agreements to be signed.

The Chartist reports there could be a short term opportunity in Medusa Mining.

FNArena’s weekly update on short positions in the Australian share market.

Market analysts at FXCM outline the basics of a trading plan for forex markets in particular.