Daily FNArena News

Forex.com’s Chris Tedder sees the market’s attention switching towards the Merkel/Monti meeting in Rome tonight. Rumours risk once again becoming investors’ main guide.

A glance through the latest expert views and predictions about commodities with updates on the nickel, zinc, coal and oil markets and some revisions to forecasts and stock ratings.

JP Morgan has initiated coverage on NRW Holdings with an Overweight recommendation, adding to consensus Buy ratings among brokers in the FNArena databse.

Listed utilities have already outperformed the stock market but low-risk, solid yields are still on offer for those requiring income.

Michael Gable of Novus Capital was looking for a higher level on the bounce for the ASX 200 and thus remains of a negative view.

The latest views, updates and developments as amalgamated by Bullionvault’s Ben Traynor.

With Australia’s economy growing faster than the RBA had assumed, the board decided the cuts to now are sufficient.

The RBA has elected not to further cut its cash rate this month below the current 3.5%.

FNArena’s weekly update on short positions in the Australian share market.

Yesterday’s 11% fall for Aristocrat on disappointing guidance has prompted ratings upgrades as brokers see value.