Daily FNArena News

Weekly update on recommendation, target price, and earnings forecast changes.

FNArena’s May Investor Sentiment Survey has generated a new low showing eurozone woes have definitely hit confidence among Australian investors.

Kathleen Brooks of FOREX.com suggests the future for gold is probably down, especially if the Eurozone crisis moves up a gear.

Citi this week initiated coverage on Ausdrill with a Buy rating, meaning seven of eight brokers in the FNArena database now cover the mining services company.

This week’s Tweets from Your Editor on Twitter.

Peter Switzer of the Switzer Super Report laments the increasing effect simplistic doom and gloom commentary is having on global markets.

Market analysts at FXCM detail some of the fundamentals of the current debt crisis in Europe and offer some tips on how traders can protect themselves in the current market environment.

Programmed Maintenance Services beat consensus with its full year results and modest growth expectations for FY13 see all brokers in the FNArena database rate the stock a Buy.

Stockbrokers suggest Wesfarmers shares are fairly valued, despite more upside potential from Coles turnaround.

A-REITs continue their outperformance vis-a-vis the broader market. Analysis shows A-REITsa generally do well when bond yields are falling. Stockbrokers have updated sector preferences.