Daily FNArena News

The Chartist suggests ANZ might enjoy a short term bounce from an oversold position, but the trend remains weak.

Equity strategists are aligning portfolios for expected consolidation across world stock markets, including Australia’s.

Brokers welcome the sale of AGL Energy’s stake in the Diamantina power station to APA Group, believing there are positives for both companies.

The Australian dollar has rallied over March, defying a weakening trend. Commonwealth Bank analysts asses the implications for interest rates.

Weekly Update on ASX-listed companies buying in their own stock.

Revenue trends in China; Chinese resources demand; hard times for coal; speculative buying in copper.

Announcements of rising bad debt charges, principally from ANZ Bank, have provoked renewed negativity towards the banking sector.

Michael Gable of Fairmont Equities notes the buy signals are building for Santos, which appears to have limited downside.

The uranium spot market continues to hold out for indications of price direction once settlements occur on several outstanding term contract tenders.

South32 has been re-rated by various brokers over the past month as they factor in the company’s efforts along with the outlook for commodity prices.