Daily FNArena News

Market analysts at FXCM suggest the Australian dollar may be forming a triangle pattern against the greenback, which would indicate a tighter range before a break to a new low.

This week’s Tweets from Your Editor on Twitter.

Fletcher Building continues to integrate the recently acquired assets of Crane Group but brokers suggest further deterioration in macro conditions may mean a slippage in targets.

Nufarm’s result met increased guidance but not all brokers are convinced just yet.

Two positive announcements this month strengthen the Mesoblast story in the view of Bell Potter. The broker retains a Buy rating on the stock.

Ahead of the Herd’s Rick Mills suggests with inflationary policies likely to continue commodity prices will benefit, so keeping junior resource stocks on the investment radar screen.

Investment U notes thorium has the potential to develop into an alternative to uranium as it may allow for the safer and cheaper production of nuclear power.

Market analysts at FXCM suggest the US dollar is ready to resume its upswing after completing a short downward correction.

Campbell Brothers has lifted interim earnings guidance given better than expected trading in the period so far. Brokers have responded by lifting earnings forecasts.

Daily update on share prices and consensus price targets.