Daily FNArena News

Car dealership conglomerate AP Eagers has enjoyed a welcome bounce back in sales but brokers are not that positive on the outlook ahead.

Canaccord Genuity has initiated a Buy recommendation on ASX-listed Scottish Pacific Group, saying the debtor finance company could grow steadily once it beds down recent acquisitions.

Canaccord Genuity has initiated coverage with a Buy recommendation on EML Payments suggesting the company offers investors good exposure to the growing prepaid financial products industry.

Brokers outline their expectations for the June quarter production & sales reporting season for mining and energy companies.

Peter Switzer of the Switzer Super Report discusses the potential impact of rising global bond rates on stock markets.

Electricity prices are expected to remain elevated with gas prices having a more important role in influencing east coast electricity prices.

While an extended shutdown at Appin has led to forecast downgrades, broker valuations are little changed and Buy ratings have been maintained.

Michael Gable of Fairmont Equities suggest the ASX200 is in a neutral zone but downside seems the greater risk.

Many commodity prices rallied higher in 2016-17, but increased supply and lower demand from China could dampen markets next year.

Tim Price’s ‘Investing Through The Looking Glass’ is a timeless reminder not everything is as sounds and healthy as it may seem in the global economy post-GFC.