Weekly Reports | May 13 2011
Our top ten news stories from 06 May 2011 to 13 May 2011 (ranked according to popularity).
Buyers returned to the spot uranium market last week suggesting the spot price has fallen far enough in the wake of Fukushima.
After a break of a few years RBS Australia has re-initiated coverage on OceanaGold with a Buy rating.
The Reserve Bank of Australia's quarterly statement on monetary policy released last week has indicated inflation is a concern, increasing the chance of an earlier than expected rate hike.
On Friday, Dennis Gartman shared his valuable market insights with readers of his newsletter. We share some key quotes with you today.
Market analysts at FXCM suggest while fundamentals are becoming more supportive of the US dollar there are enough concerns to hesitate labelling recent gains as a true reversal in sentiment.
DJ Carmichael suggests recent weakness in Ampella's share price on concerns over civil unrest in Burkina Faso is not justified, so a Buy rating has been reiterated.
Current US dollar weakness is similar to trends in 1995 and while the rationale for the weakness has been justified, ANZ cautions against assuming it will continue.
Your editor has joined Twitter. Here are my Tweets from the week past.
A warning from the Consumer Metrics Institute as the downtrend in US online retail sales seems to have resumed.
Market analysts at FXCM note the Australian dollar has traced out a bearish engulfing pattern on the weekly chart, which suggests further weakness in coming days.