Daily FNArena News

Intersuisse has joined the list of brokers with a Buy rating on AED Oil, attracted to the company’s imminent start-up of production from the Puffin field.

The increase in Australian employment in May was more than anyone was expecting, despite leading indicators already setting the scene. All economists now see the RBA’s trigger finger getting itchy. The next rate rise may be as early as next month.

RBC Capital Markets advises any short-term seasonal weakness in silver prices is an opportunity as the medium-term outlook is positive.

Morgan Stanley’s global strategists have advised clients to slash equity positions following a triple warning signal on its indicators – the first since the dotcom bust.

After a wobbly Tuesday, Wall Street suffered a decidedly weak Wednesday following higher than expected unit labour costs. A warning for Australia?

Weekly musings from your editor.

Prodigal son Lachlan Murdoch has back-doored an investment in digital media leader destra, while destra has in turn increased its stake in Quickflix.

Recent spot trades at US$138/lb have prompted more brokers to reassess their uranium price forecasts.

Under pressure from both the G9 and the ALP ahead of the election, the government has attempted to intervene between Telstra and the ACCC on the issue on fibre broadband.

The RBA has elected to leave rates unchanged in June.