Daily FNArena News

It is probably a fair assumption that spot U3O8 prices have seen their bottom with this week recording another rise.

Coal prices are already being set a much higher levels, iron ore prices are set to see even greater increases and copper’s getting up there again too. Is it a resource sector bonanza for investors?

Faced with tougher competition in the Australian diagnostic imaging market and reduced government spending the growth potential of Sonic Health’s German operations assumes greater importance.

We are now in grind-up phase in the stock market while Asciano comes into favour, more media upgrades are occurring and the home builder survey continues.

According to Barclays Capital the market is underestimating Chinese oil demand growth, which it sees as supporting prices and eroding oil inventories.

Westpac-MI Leading Indicators suggest economic activity in Australia is accelerating.

Danske Bank sees Asian economic growth as sustainable as it is now more broadly based and conditions needed to sustain domestic demand are being met.

Speculation is rising again that Newcrest will look to take out Lihir. Meanwhile James Hardie defends its building products and the supermarket battle heats up.

The RBA minutes suggest rate rises ahead but not necessarily every month.

David Jones reports interim earnings on Wednesday and brokers see margins as a point of focus as the company continues to work on lowering costs.