Daily FNArena News

Hot money inflows continue to support China’s accumulation of foreign exchange reserves. These inflows are complicating policy issues for the People’s Bank of China.

2009 was a roller-coaster year for oil, but one thing we learned was that oil under US$70/bbl won’t work for the industry any more.

Australia’s inofficial inflation gauge from TD securities-MI showed a 0.3% rise in December.

Weekly musings from your editor. Markets have gone up a bit too fast, too far, in my view. But then again, what’s new?

The Australian labour market ended last year on a high note, beating expectations by a mile and making a February rate hike look even more likely.

The Parker Range project of Cazaly Resources appears to offer valuation upside according to DJ Carmichael.

Rio Tinto has delivered a solid production report for the December quarter, with better than expected output in iron ore and copper the highlights.

Stronger than expected Australian labour force data in December is seen as adding to pressure on the Reserve Bank of Australia to lift interest rates next month.

Commodity price support is shifting from hopes of an economic recovery to real expectations of increasing demand.

Energy Resources of Australia delivered a mixed December quarter production report with lower grades but higher realised prices and sales.