Weekly update on recommendation, target price, and earnings forecast changes.
Leading into resource company quarterly production reports brokers have updated their views, while retailers are also in focus given ongoing price deflation.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
With little investor interest, it’s a traders market out there. Wall Street is jumping at each tidbit of news and speculation and last night that was positive. Dow up 181. (Accessible only for subscribers before 10:15 AEDT)
A glance through the latest expert views and predictions about commodities, with brokers updating commodity market outlooks, revised oil price estimates and a possible entry point for gold.
Jonathan Barratt of Barratt’s Bulletin suggests the beginning of Indian festivals this month will prove supportive for the gold price.
A survey of Citi’s institutional clients in North America finds growing bullishness with Wall Street leading the way.
An ECB official last night suggested the central bank could recommence buying stressed eurozone bonds if necessary, easing fears in Europe. Dow up 89. (Accessible only for subscribers before 10:15 AEDT)
There was somewhat of a negative feedback loop across the globe last night as Europe returned from Easter and Spanish and Italian bond yields continued to rise. Dow down 213. (Accessible only for subscribers before 10:15 AEDT)
FNArena’s weekly update on short positions in the Australian share market.