Daily FNArena News

Coles remains intent on maintaining its competitive position after the de-merger from Wesfarmers, although brokers point out stable or improving margins are implicit in guidance.

Australia’s new vehicle market has reversed over recent months, a function of weak consumer sentiment amid looming regulatory changes for the dealer industry.

Craig Parker of Moat Capital notes the ASX200 is caught between the push and pull of strength in resources and weakness in banks.

The impact of rising costs featured in the Bank of Queensland FY18 results and brokers suspect higher expenses are likely to become entrenched after the Royal Commission.

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.

Rather than a set of recommendations, the interim report from the Financial Services Royal Commission has presented a list of questions for the financial sector, extending the period of uncertainty.

The Chartist reports Macquarie Group is currently stuck in a consolidation phase following its stellar run and direction from here is indeterminate.

Bullish signals are emerging for gold while Australian gold stocks appear underappreciated on the world stage, yet brokers suspect it may be too early to sign off on any rally.

Chinese steel mill profitability has surged, signalling to Morgan Stanley why the iron ore price achieved by Fortescue Metals has remained relatively flat.

Ahead of the Herd’s Rick Mills exposes the little known fact thorium is more efficient in the generation of nuclear power than uranium, in many ways.