Daily FNArena News

Citi sees some question markets for Beach Petroleum, as spending for growth has not been successful and there may be little value in the company’s shale assets.

For the first time since 1988, the world’s central banks will buy more gold this year than sell it.

Platinum has failed to keep pace with other precious metals, observe technical market analysts at Barclays.

On the back of increased expectations for Australia’s winter crop production, stockbrokers have lifted forecasts and price targets for major beneficiary Graincorp.

Southern Cross Equities has initiated coverage on QRxPharma with a Speculative Buy rating, seeing the group’s MoxDuo drug as a potential company maker.

The technical picture for the greenback looks ominous, report chartists at Barclays. This could be the start of a rally in risk assets.

A stronger Australian dollar is causing a downturn in the Australian tourism industry, with implications for various regions and sectors of the economy, CommSec reports.

Brokers agree that Australian banks are already well positioned to comply with new international banking requirements stemming from the Basel III accord. But what happens now?

The bulls in the uranium market are already looking forward to spot prices above US$50/lb.

Stockbrokers continue to see value in Platinum Australia at current share price levels.