Daily FNArena News

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. With Australian economic data looking healthier and a drought starting to bite in New Zealand, ANZ recommends a long AUDNZD trade.

Michael Gable of Novus Capital suggests the ASX 200 may be entering a topping phase on the charts.

Analysts believe iron ore prices may ease, a bit, while Chinese steel production stays firm. Alumina’s price drop is delayed while lead is a buying opportunity.

While Beijing is famous about maintaining control of the Chinese economy, there are a number of good reasons for China to internationalise the renminbi.

Activity in the spot uranium market was steady last week and prices ticked just a little bit higher.

A wrap of the day’s activity on the Australian stock market.

This week ATW’s Jerry Simmons examines the grinding Wall Street bull market and suggests upside for gold.

Brokers expect a positive response to MoxDuo IR from the US Food and Drug Administration will spark a strong rise in an undervalued QRxPharma.

Mining Investment is a crucial component of the Australian economy and analysts from NAB see it falling off a cliff.

The market responded hastily and impatiently to BigAir’s weak FY13 result, rails Microequities, given acquisitions will really hit their straps in FY14.