Daily FNArena News

Goodman Group has divested a non-core asset at a reasonable price and brokers have responded positively, continuing to take a positive view on the stock’s outlook.

The RBA is less definitive this month than it was when it also left rates unchanged last month.

The RBA decided to leave the cash rate at 7.25%.

TradeTech reports sellers are less eager to lower prices in the spot uranium market with buyers ready to conclude deals. Is this the bottom of the price correction?

Signs are turning more positive for the US dollar as the Fed is regarded as close to the end of its rate cutting cycle but it remains too early for a sustained rally.

A recent rally in the stock follows some good news and yesterday’s rail deal with Grancorp adds to the view of a number of brokers there is value to be found in the shares.

Following two months of falls the ANZ Jobs ads series posted a solid gain in April but the bank sees a flattening of the trend as businesses become more cautious in hiring new workers.

ResMed delivered a quarterly result largely in line with expectations but brokers continue to have mixed views as to the scope and toming of any turnaround in the group’s US operations.

TD Securities is no longer confident the RBA will remain on hold tomorrow following the release of the TD-MI inflation gauge result for April.

April’s CBA-AiG PSI Index figures show rising interest rates and fuel prices are beginning to bite, most services sectors recording a downturn from the previous month.