Daily FNArena News

Following a quarterly trading update brokers continue to rate Brambles as a Buy given an attractive growth outlook.

This weekend’s elections in Europe could mark a turning point for the eurozone, and not for the best from a financial market perspective.

Statisticians suggest recent data highlights the US and European economies are moving further apart in growth terms.

DJ Carmichael rates Neon Energy as a Speculative Buy given upside potential from both exploration and an expected farm-in agreement.

Jonathan Barratt of Barratt’s Bulletin sees upside presure on copper as lack of supply counters weaker global demand growth.

SAI Global has copped three rating downgrades from major brokers today and a big hit in share price but FY13 potential has others standing steadfast.

In the wake of the RBA double-cut, FIIG points out that major Australian fixed rate senior bonds (including banks) have returned over 10% over the past 12 months.

Woodside has agreed to sell part of its stake in the Browse LNG project and brokers have mostly responded positively to the news.

The stats actually have May on a positive bias for equities, while in other asset classes the trends are less definitive.

You won’t find many fans of Treasury Wine Estate among the analyst fraternity, but one broker has just raised its target price by 27% in anticipation of a significant shift in fortunes.