Daily FNArena News - Treasure Chest

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. The current unwind of the US dollar commodity carry trade leads UBS to reverse its year-long bearishness on commodities and mining stocks.

Danske Bank’s forex team suggests the US dollar is set to break out against the yen, with the BoJ providing a safety net for the trade.

Goldman Sachs predicts a negative return from owning Alumina shares, while Citi quant analysts picked Bendigo and Adelaide Bank.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. DJ Carmichael says investors should sell Telstra and buy NAB shares instead.

FNArena’s Treasure Chest provides trading ideas from brokers and investment houses. Today’s suggestion sees the opportunity to pick up a solid yield on bank stocks given timing effects.