Daily FNArena News

The Chartist suggests West Texas crude needs to hold support to establish a bounce-back, otherwise downside is severe.

A wrap of the day’s activity on the Australian stock market.

Major bank results were considered reasonable but a question of valuation again overhangs, specifically in light of expected capital requirement increases.

In its first quarter banking update Suncorp showcased the tug-of-war between margin and earnings growth. Broker opinions are mixed on whether the banker/insurer can actually pull it off.

Michael Lombardi of Profit Confidential argues why an increase in US inflation is inevitable, countering a lack of Fed concern.

Michael Gable of Fairmont Equities suggests that after its strong rebound from the October low, the ASX200 should now ease back.

Last week the uranium spot price posted its second biggest price hike in eighteen years, surging to US$42.00/lb.

A wrap of the day’s activity on the Australian stock market.

The backdrop remains challenging for retail-exposed Australian real estate investment trusts while those exposed to housing are best placed.

Residential developer Peet has acquired stakes of varying sizes in six projects with approval from brokers.