Daily FNArena News

Economists were surprised today when the RBA decided not to make a third consecutive rate cut, leaving the cash rate at 4.25%.

The RBA today decided to keep its cash rate steady at 4.25%.

NRW Holdings already enjoyed three Buy ratings from brokers in the FNArena database. Today, Citi has added to the positive views.

Utilities have been absent from a uranium spot market hampered by demand from Europe unable to match up with supply in the US. Down ticks the spot price.

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

ATW’s Jerry Simmons questions whether this year’s upswing is running out of breath.

In the wake of initial processing approval for Lynas, analysts are in disagreement as to whether rare earth prices have seen their peak or not.

The Chartist reports a positive break-out for Fortescue, but with resistance looming.

Last week saw brokers outlining their expectations for this month’s local earnings season and the outlook is generally not too bad.

Weekly update on recommendation, target price, and earnings forecast changes.