Daily FNArena News

St Louis Fed president’s sharp turnaround to assuming no more than one Fed rate hike out to 2018 shocked markets. Here Bullard explains that back-flip.

US reactor shutdowns and Japanese restart delays had uranium traders heading for the exits last week as buyers backed off, sparking a significant price drop.

Brokers remain positive on insurance broker Steadfast in the longer term, but see little near term upside.

Increases in scrap prices in April and May have not held up in June, leading some brokers to downplay the outlook for Sims Metal Management.

Rising interest in lithium, coupled with a surge in the iron ore price earlier in the year, has lifted Mineral Resources to new heights forcing several brokers take a cooler approach to the stock.

Nick Linton-Ffrost of Fifth Wave looks at important levels for the ASX200 this week.

This week’s Tweets on Twitter by Your Editor.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Weak Chinese data and potential Brexit volatility suggest to ANZ “dark clouds” are appearing on the horizon for commodities.

Hedge fund manager Craig Ferguson’s outlook for financial markets is not for the faint hearted.

Nib Holdings has updated on FY16 profit expectations, which are in line with prior forecasts, but brokers remain concerned about the trajectory for margins, for both nib and the sector as a whole.