Daily FNArena News

The trend of disappointing flows continued with AMP’s March quarter update, as the flagship wealth management business was affected by high outflows from default superannuation transitions.

Kathleen Gaffney of Eaton Vance explores why the US dollar has not risen on the prospect of a Fed rate hike in June.

CSR has acknowledged that building approvals for residential developments are well past their peak although building product earnings are expected to be supported in FY18. Brokers trim the outlook further out.

Bad weather during March and April has caused Ardent Leisure to downgrade forecasts for theme parks, signalling a loss in the division for FY17.

Incitec Pivot produced an upbeat outlook after its first half result but brokers are not that convinced. Spot pricing for many of the company’s fertiliser exposures is rapidly deteriorating.

The Chartist reports strong technical upside for Telstra, although caution is required.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Moelis believes contractor NRW Holdings did not deserve to be sold off with the iron ore price, and upgrades to Buy.

Peter Switzer of the Switzer Super Report warns of what might transpire if the Treasurer gets it wrong.

A glance through the latest expert views and predictions about commodities. Gold sector view; bearish call on iron ore; coal prices; Oz gas supply.

Brokers investigate the impact for oil prices from the surge in US drilling activity and the clamping down on supply by OPEC. Where will the balance lie?