Daily FNArena News

Weekly musings from your editor. Are investors looking at the right message while the markets are correcting?

US unemployment flew past 10%, but investors shrugged off the bad news seeing stocks post some minor gains. Dow up 17 points.

Transurban has rejected a $5.25 per share takeover bid form a pair of Canadian pension plans, but the game’s not over yet say brokers.

Australia’s exports were stronger than expected but economists suggest a stronger dollar is likely to see the deficit widen in coming months.

Westpac posted a solid result, as well it might do considering it and CBA now own almost half of all Australian mortgages.

BIS Shrapnel suggests Australian mining investment will reach record levels in four years, driven by multi-billion dollar projects in a number of sectors.

Australian retail sales were surprisingly soft in September, increasing speculation of an RBA rate pause.

The large gold purchase from the Reserve Bank of India has sparked all sorts of speculation.

A recent visit to China leads Barclays Capital to suggest supply may be a short-term issue in that country’s metal markets.

Speculation in July that Australian composite manufacturer Quickstep was a good chance of a big contract with Lockheed Martin has come to fruition.