Sector analysts are growing increasingly optimistic about the prospect of some sort of reversal in uranium prices, but in the meantime the spot price continues to soften.
Michael Gable of Novus Capital has seen the ASX 200 fall to technically predicted levels and now expects a bounce is on the cards.
Weekly update on recommendation, target price, and earnings forecast changes.
A wrap of the day’s activity on the Australian stock market.
US investors are fretting about the return of the Hindenburg Omen, a scary sounding technical warning bell. In 2007 the subsequent damage remained benign, but 2007 is when the signal gained notoriety.
This week’s Tweets on Twitter by Your Editor.
Federation Centres has sold 50% stakes in six shopping centre assets. Brokers believe it’s time work started on proving up the value of the rest of the portfolio.
An improving US economy is signalling a turnaround in the US dollar but the factors supporting this trend are slightly different this time around, with implications for commodity prices.
A wrap of the day’s activity on the Australian stock market.
Goldminer Newcrest has become the latest resource major to shelve growth plans in favour of cash generation in a weaker commodities market. Brokers have substantially dropped forecasts.
