Daily FNArena News

The Coppock Indicator has generated a similar signal for Chinese shares as it did for the Japanese Nikkei in April.

Quarterly fund flows for AMP were subdued at best and with regulatory issues overhanging the company broker opinion remains divided on the stock at present.

Australian retail sales in March were far stronger than the market had forecast, implying fiscal stimulus measures are working.

Increasing Chinese interest in purchasing uranium is without doubt one of the stand out developments for the industry this year.

The RBA has kept the official cash rate unchanged at 3% at its May Board meeting.

The RBA today has left the cash rate unchanged at 3.00%.

Ship builder Austal has announced a second combat ship contract with the US Navy and with a strong order book and scope for additional deals Macquarie has the stock as a preferred pick.

Orica has delivered a solid and good quality interim profit result but most analysts remain cautious on the stock given concerns over demand from its customers.

According to Westpac Bank while consumer sentiment in the US remains weak it is recovering, but not quickly enough to suggest any sharp improvement in the US economy.

Underlying earnings for Macquarie Bank largely met expectations, but brokers continue to see further downside earnings risk.