Daily FNArena News

Nothing new happened in the spot U3O8 market with few deals forcing the spot price down by another notch.

Some stockbroker’s argue investors should forget about Crane Group’s short term earnings outlook and focus on FY12 instead. But not everyone’s buying it.

The NAB Monthly Business Survey and Economic Outlook showed Australian business confidence rose in January but business conditions weakened.

Leighton Holdings beat market estimate with its interim result but the lack of any upgrade to full year guidance and a soft work-in-hand result sees value becoming a question mark.

A second increase to Chinese bank reserve requirements in a month is seen as aggressive by economists, with interest rate hikes next.

Weekly musings from your editor. Be careful when jumping on “buying opportunities”, the outlook might be less rosy than you would like it to be.

NAB eonomists believe the medium-term outlook for base metals remains positive.

Both the Commonwealth and National Australia Bank expect oil price gains this year to remain relatively modest.

Australian labour force data surprised on the upside for the fifth consecutive month, adding weight to the view the RBA will lift rates in March.

A leaked Chinese directive indicates China is set to move its vast foreign reserves away from risk assets.