Daily FNArena News

The ASX200 gained 6.0% in October after a strong contribution from the banking sector buoyed by a decline in the 10-year bond yield

A mixed bag from IGO’s first quarter update, with strong production from Greenbushes somewhat overshadowed by a significant capital expenditure upgrade for Cosmos

A glance through the latest expert views and predictions about commodities: Lower base metal price forecasts; recommended resource shares; a greater iron ore surplus in 2023 and signposts for an easing of China’s zero-covid strategy

The security of non-China rare earths supply and an above-market view on EV growth has UBS re-initiating on Lynas Rare Earths with a Buy, although not everyone is so enthused

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Today’s idea is AMP

Despite a weaker production result in its third quarter, Coronado Resources has benefitted from strong price realisation

Michael Gable of Fairmont Equities notes WiseTech Global has broken out of a consolidating pattern, implying a move higher from here

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Today’s idea is NextDC

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments

Tim Boreham notes small caps with cash on the balance sheet are the safer bet compared to ‘pre-revenue’ companies, and highlights several examples