Thursday’s live broadcast is now available as a replay. An explanation of that facing European banks and the implications for bank sectors worldwide, including in Australia.
Concerns over Chinese financial integrity and a weak trade balance added to a poorly received result from JP Morgan last night. But Wall Street remained resilient. Dow down 40.
Goldman Sachs predicts a negative return from owning Alumina shares, while Citi quant analysts picked Bendigo and Adelaide Bank.
The EFSF is now officially a reality but Wall Street bounced off the top of its range last night. Dow up 102.
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. DJ Carmichael says investors should sell Telstra and buy NAB shares instead.
FNArena’s Treasure Chest provides trading ideas from brokers and investment houses. Today’s suggestion sees the opportunity to pick up a solid yield on bank stocks given timing effects.
European governments find themselves increasingly between a rock and a hard place. Belgium might only prove the sample of what is yet to come next, argues Forex.com’s Kathleen Brooks.
Weekly update on recommendation, target price, and earnings forecast changes.
Slowing global growth and uncertainty lead brokers to mostly cut commodity price forecasts, with growth revisions also impacting on other sectors.
The ECB announced various measures to support European bank recapitalisation last night while positive US data added to more euphoria. Dow up 183.