Daily FNArena News

A snapshot of economist responses to today’s Australian retail sales and trade balance data.

DJ Carmichael has initiated coverage on Fleetwood with a Hold rating, as strong earnings growth is seen unlikely before FY13.

Despite a weaker market and weaker credit growth expectations, brokers see a lot of value in Australia’s Big Four banks.

Daily update on share prices and consensus price targets.

FNArena is giving away free tickets to this week’s Trading and Investing Expo in Sydney.

Australian houses will remain unaffordable for many years to come, suggests the AMP.

The RBA’s statement had a much damper tone to it this month as it left rates on hold. But don’t get comfortable.

Genetic Technologies is a market leader in the checking of breast cancer risk and the potential upside sees RBS Morgans initiate coverage with a Buy rating.

The RBA today left its cash rate at 4.75%.

Barclays Capital has analysed seasonal trends for August and notes equities, energy and bonds tend to perform well, base metals struggle and the US dollar is mixed.