FINANCIAL NEWS

Technical Views On Nasdaq, ASX200 & Gold

Tony Sycamore, Market Analyst, IG shares his technical views on the Nasdaq, ASX200, gold and crude oil

10:30 AM


Rudi’s View: Many February Uncertainties

2026’s February results season offers more for investors to consider than simply earnings and outlook statements

10:00 AM


The Overnight Report: Sell Software, Buy Gold

A global perspective on what happened overnight

8:39 AM


Today’s Financial Calendar – 04-02-2026

Significant Scheduled Events For 04 February, 2026

8:15 AM


ASX Winners And Losers Of Today – 03-02-26

The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day

Feb 03 2026


Citi rates GLF as Neutral

Citi has lowered Gemlife Communities' FY25 EPS forecast to reflect the post-IPO share count. Earnings and growth forecasts remain unchanged.

No change to the broker's investment thesis, with upside potential still seen from faster pipeline rollout and further acquisitions.

Neutral rating and $5.60 target price are unchanged.

Morgans rates MEK as Buy

Morgans remains bullish on gold despite a recent correction, upgrading its price forecasts across FY26-FY29 and long term following the January rally. 

In terms of gold stocks, the broker's focus is on disciplined producers with strong execution and production-led cash flow growth, rather than just current free cash flow.

In the large-cap space, Newmont Corp is preferred over Northern Star Resources, and in the mid-cap, it is Ramelius Resources. Small-cap preference is Catalyst Metals.

Target price for Meeka Metals lifted to 40c from $30. Buy retained.

This report was published February 3.

Shaw and Partners rates RMS as Buy

The recent pullback in global gold and silver markets is considered an opportunity for investors to increase exposure to Shaw and Partners preferred stocks, including producers with robust organic growth and developers with scope to bring on near term capacity.

The broker has raised gold and silver price forecasts by 53.8% and 31.9%, respectively, in 2026 and now forecasts US$6000/oz from US$3,900/oz for 2026 and US$6500/oz from US$3,600/oz in 2027.

The silver price forecast for 2026 now stands at US$92/oz from US$70/oz and US$100/oz from US$56/oz in 2027.

Target price for Ramelius Resources is upgraded to $6.50 from $4.19 with a Buy rating as one of the preferred stocks.

Click here to see full report market arrow icon

ANALYSIS & DATA

FNARENA'S MARKET CONSENSUS FORECASTS

To display the stock analysis for a company please enter the company code:

ANZ | ANZ GROUP HOLDINGS LIMITED

Abbreviated format - see the full version here


LAST PRICECHANGE +/-CHANGE %VOLUME

$36.75

02 Feb
2026

market green arrow 0.050

OPEN

$37.30

market green arrow 0.14%

HIGH

$37.44

4,390,975

LOW

$36.66

TARGET
$35.028-4.7% downside
Franking for last dividend paid out: 70%
FNARENA'S MARKET CONSENSUS FORECASTS
ANZ: 1
TitleFY24
Actual
FY25
Actual
FY26
Forecast
FY27
Forecast
EPS (cps)xxx 198.2 244.0 xxx
DPS (cps)xxx 166.0 167.2 xxx
EPS Growthxxx - 9.1% 23.1% xxx
DPS Growthxxx 0.0% 0.7% xxx
PE Ratioxxx N/A 15.1 xxx
Dividend Yieldxxx N/A 4.5% xxx
Div Pay Ratio(%)xxx 83.8% 68.5% xxx

FOLLOW US ON SOCIAL MEDIA

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25.9K Posts
@Filapek
Rudi Filapek-Vandyck@Filapek
10h
Goldman Sachs on Amcor $AMC: "Amcor Plc First Take: 2Q supported by lower tax, but FY reiterated & consensus at the bottom of the range. Buy"#stockinfocus#XJO#equities#investing
@Filapek
Rudi Filapek-Vandyck@Filapek
10h
Tweet media
@Filapek
Rudi Filapek-Vandyck@Filapek
13h
RBC Capital on Xero $XRO: Positive update with new information being (1) Melio breakeven appears 6 months earlier than RBCe at 2H28 vs 1H29 RBCe; (2) Management will provide better disclosure in May at FY26 result with an adjusted EBITDA guide and provide an FY27 revenue guide
@Filapek
Rudi Filapek-Vandyck@Filapek
15h
RBC Capital: "On valuation grounds we have downgraded Ventia (VNT) to Sector Perform (prev. Outperform). "VNT's share price is up 51% in 12 months whilst its PE multiple has expanded to 19.0x from 14.4x 12 months ago against a flatter FY26 earnings outlook than what we have
@Filapek
Rudi Filapek-Vandyck@Filapek
1d
Just in case anyone thought a hike by the RBA this month is a fait accompli, here's Morgan Stanley: "We think the RBA will hold rates in February, against market and consensus expectations. "Inflation is above target but decelerating, with signs of slowing economic momentum
@Filapek
Rudi Filapek-Vandyck@Filapek
1d
Canaccord Genuity on Australian #gold stocks: "While the recent share price weakness in gold stocks may ultimately prove short term, many of the current ASX100 and ASX300 addition candidates are gold names. "As such, we believe Monday is likely to see notable share price moves
@Filapek
Rudi Filapek-Vandyck@Filapek
1d
RBC Capital on $KMD Brands: "KMD's trading update was positive insofar as i) 1H26 to date sales growth is tracking ahead of expectations across all segments and ii) gross margins are tracking ahead of expectations with contraction decelerating over the course of the half (1Q26:
@Filapek
Rudi Filapek-Vandyck@Filapek
1d
The RBA stands ready to cut its cash rate this week, according to press release that just entered our inbox. Me thinks someone is about to pick up the phone and shout at the PR guys responsible. Ah, there you go... correction just came in 😉
@Filapek
Rudi Filapek-Vandyck@Filapek
4d
RBC Capital: "PLS reported a better than expected result. Realised spodumene prices were well above both RBCe and consensus, driving a sharp rebound in operating cash margins and underpinning strong cash generation. "Operationally, production was broadly in-line on planned mine
@Filapek
Rudi Filapek-Vandyck@Filapek
4d
RBC Capital: "RMD has delivered a good result that was a slight beat to RBCe and Consensus expectations across almost all metrics. "The Americas region performed well with a slight beat in devices and a 4% beat in masks vs consensus. "RoW device revenue was a slight miss but
FIND FNARENA ON

DAILY FINANCIAL NEWS

Technical Views On Nasdaq, ASX200 & Gold

Tony Sycamore, Market Analyst, IG shares his technical views on the Nasdaq, ASX200, gold and crude oil

10:30 AM - Technicals


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

Feb 03 2026 - Australia


Fairmont Equities’ Michael Gable continues to favour energy stocks with New Hope back in focus after a recent share price pullback

Feb 03 2026 - Technicals


It was once feared weight-loss drugs would crush demand for sleep apnoea products. ResMed’s December quarter has shown very much the opposite is true

Feb 02 2026 - Australia


Overviews in raw numbers and calculations that might assist investors with assessing trends and currents that might not be apparent from daily volatility and movements

Jan 31 2026 - Australia


After a concerning December quarter, brokers consider whether higher met coal prices and mining improvement might just might make Coronado Resources worth sticking with

Jan 30 2026 - Commodities


rudi fnarena picture

RUDI'S VIEWS

Rudi’s View: Many February Uncertainties

2026’s February results season offers more for investors to consider than simply earnings and outlook statements

10:00 AM

DAILY MARKET REPORTS

The Overnight Report: Sell Software, Buy Gold

A global perspective on what happened overnight

8:39 AM


Today’s Financial Calendar – 04-02-2026

Significant Scheduled Events For 04 February, 2026

8:15 AM


ASX Winners And Losers Of Today – 03-02-26

The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day

Feb 03 2026


Australian Broker Call *Extra* Edition – Feb 03, 2026

Extra Edition of the Broker Call Report

Feb 03 2026


The Overnight Report: Positive Ahead Of RBA

A global perspective on what happened overnight

Feb 03 2026


Today’s Financial Calendar – 03-02-2026

Significant Scheduled Events For 03 February, 2026

Feb 03 2026


ASX Winners And Losers Of Today – 02-02-26

The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day

Feb 02 2026


WEEKLY REPORTS

Uranium Week: Back Above US$100lb

Sprott capital raising results in a U308 spot market buying spree, taking local uranium stocks along for the ride

Feb 03 2026

Weekly Update On LICs & LITs – 03-Feb-2026

Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX

Feb 03 2026

Australian Listed Real Estate Tables – 02-02-2026

FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data

Feb 02 2026


Weekly Ratings, Targets, Forecast Changes – 30-01-26

Weekly update on stockbroker recommendation, target price, and earnings forecast changes

Feb 02 2026

Next Week At A Glance – 3-6 Feb 2026

A brief look at important company events and economic data releases next week

Jan 30 2026

In Case You Missed It – BC Extra Upgrades & Downgrades – 30-01-26

A summary of the highlights from Broker Call Extra updates throughout the week past

Jan 30 2026


Weekly Top Ten News Stories – 30 January 2026

Our top ten news stories from 22 January 2026 to 29 January 2026

Jan 30 2026

In Brief: Supply Network, AUB Group & Pantoro

Two sold off stocks come onto brokers’ radar with positive structural tailwinds, while Pantoro is unhedged and reaping the gains of higher gold prices

Jan 30 2026

The Short Report – 29 Jan 2026

FNArena’s weekly update on short positions in the Australian share market

Jan 29 2026


9K Followers
25.9K Posts
@Filapek
Rudi Filapek-Vandyck @Filapek
23m
Goldman Sachs on Amcor $AMC: "Amcor Plc First Take: 2Q supported by lower tax, but FY reiterated & consensus at the bottom of the range. Buy" #stockinfocus #XJO #equities #investing
@Filapek
Rudi Filapek-Vandyck @Filapek
21h
Tweet media
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
RBC Capital on Xero $XRO: Positive update with new information being (1) Melio breakeven appears 6 months earlier than RBCe at 2H28 vs 1H29 RBCe; (2) Management will provide better disclosure in May at FY26 result with an adjusted EBITDA guide and provide an FY27 revenue guide
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
RBC Capital: "On valuation grounds we have downgraded Ventia (VNT) to Sector Perform (prev. Outperform). "VNT's share price is up 51% in 12 months whilst its PE multiple has expanded to 19.0x from 14.4x 12 months ago against a flatter FY26 earnings outlook than what we have
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
Just in case anyone thought a hike by the RBA this month is a fait accompli, here's Morgan Stanley: "We think the RBA will hold rates in February, against market and consensus expectations. "Inflation is above target but decelerating, with signs of slowing economic momentum
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
Canaccord Genuity on Australian #gold stocks: "While the recent share price weakness in gold stocks may ultimately prove short term, many of the current ASX100 and ASX300 addition candidates are gold names. "As such, we believe Monday is likely to see notable share price moves
@Filapek
Rudi Filapek-Vandyck @Filapek
2d
RBC Capital on $KMD Brands: "KMD's trading update was positive insofar as i) 1H26 to date sales growth is tracking ahead of expectations across all segments and ii) gross margins are tracking ahead of expectations with contraction decelerating over the course of the half (1Q26:
@Filapek
Rudi Filapek-Vandyck @Filapek
2d
The RBA stands ready to cut its cash rate this week, according to press release that just entered our inbox. Me thinks someone is about to pick up the phone and shout at the PR guys responsible. Ah, there you go... correction just came in 😉
@Filapek
Rudi Filapek-Vandyck @Filapek
5d
RBC Capital: "PLS reported a better than expected result. Realised spodumene prices were well above both RBCe and consensus, driving a sharp rebound in operating cash margins and underpinning strong cash generation. "Operationally, production was broadly in-line on planned mine
@Filapek
Rudi Filapek-Vandyck @Filapek
5d
RBC Capital: "RMD has delivered a good result that was a slight beat to RBCe and Consensus expectations across almost all metrics. "The Americas region performed well with a slight beat in devices and a 4% beat in masks vs consensus. "RoW device revenue was a slight miss but
FIND FNARENA ON

THE MARKETS

    Click item/line to change chart

  • Australia

    04 February 2026   Updated : 10:42   AEDT

    SPI Overnight

    8794.00

    -20.00

    -0.23%

    NZ50

    13350.900

    -70.620

    -0.530%

    All Ordinaries

    9124.00

    -25.30

    -0.28%

    S&P ASX 200

    8836.10

    -21.00

    -0.24%

    S&P ASX 300

    8791.90

    -21.40

    -0.24%

    Communication Services

    1688.50

    -30.90

    -1.80%

    Consumer Discretionary

    3939.90

    -48.60

    -1.22%

    Consumer Staples

    11819.50

    -23.40

    -0.20%

    Energy

    9302.30

    +119.30

    1.30%

    Financials

    9118.20

    -137.30

    -1.48%

    Health Care

    33769.20

    -161.70

    -0.48%

    Industrials

    8296.00

    -97.30

    -1.16%

    Info Technology

    1837.90

    -136.90

    -6.93%

    Materials

    23542.00

    +669.60

    2.93%

    Real Estate

    3825.10

    -44.60

    -1.15%

    Utilities

    9547.20

    -64.70

    -0.67%

    A-REITs

    1762.90

    -20.40

    -1.14%

    All Technology Index

    2968.10

    -170.30

    -5.43%

    Banks

    3954.10

    -60.10

    -1.50%

    Gold Index

    20339.50

    +565.30

    2.86%

    Metals & Mining

    8119.40

    +241.70

    3.07%

    Click item/line to change chart

  • Australasia

    04 February 2026   Updated : 10:42   AEDT

    AUD/USD

    0.7015

    0.00

    -0.17%

    AUD/NZD

    1.1619

    +0.00

    0.03%

    NZD/USD

    0.6038

    0.00

    -0.15%

    AUD/JPY

    109.33

    +0.02

    0.02%

    SGD/AUD

    1.12

    +0.00

    0.10%

    AUD/EUR

    0.5939

    0.00

    -0.17%

    AUD/GBP

    0.5124

    0.00

    -0.23%

    AUDCAD

    0.9573

    0.00

    -0.37%

  • World

    04 February 2026   Updated : 10:42   AEDT

    CAD/USD

    0.7330

    +0.00

    0.25%

    EUR/JPY

    184.10

    +0.35

    0.19%

    EUR/USD

    1.1815

    +0.00

    0.04%

    GBP/USD

    1.3694

    +0.00

    0.08%

    USD/JPY

    155.82

    +0.24

    0.15%

    Click item/line to change chart

  • World

    04 February 2026   Updated : 10:42   AEDT

    FTSE100

    10314.59

    -26.97

    -0.26%

    DAX30

    24780.79

    -16.73

    -0.07%

    Hang Seng

    26834.77

    +59.20

    0.22%

    Nikkei 225

    54720.66

    +2065.48

    3.92%

    NZ50

    13350.900

    -70.620

    -0.530%

    DJIA

    49240.99

    -166.67

    -0.34%

    S&P500

    6917.81

    -58.63

    -0.84%

    Nasdaq Comp

    23255.19

    -336.92

    -1.43%

    S&P500 VIX

    18.00

    +1.66

    10.16%

    US 10-year yield

    4.183

    +0.045

    1.090%

    USD Index

    97.25

    -0.22

    -0.23%

  • Aus Stocks

    04 February 2026   Updated : 10:42   AEDT

    Amcor (US)

    44.92

    +1.17

    2.67%

    Newmont (US)

    117.14

    +4.24

    3.76%

    Rio Tinto (UK)

    6992.00

    +190.00

    2.79%

    BHP Group (US)

    72.74

    +3.35

    4.83%

    Rio Tinto (US)

    96.37

    +3.85

    4.16%

    ResMed (US)

    251.41

    -3.33

    -1.31%

    South32 (UK)

    233.50

    +5.50

    2.41%

    James Hardie (US)

    23.55

    +0.57

    2.48%

    Janus Henderson (US)

    48.12

    -0.13

    -0.27%

    Click item/line to change chart

  • Metals & Minerals

    04 February 2026   Updated : 08:10   AEDT

    Gold (oz)

    4973.31

    +287.56

    6.14%

    Silver (oz)

    85.34

    +5.57

    6.98%

    Copper (lb)

    6.0943

    +0.25

    4.31%

    Aluminium (lb)

    1.4089

    +0.02

    1.67%

    Nickel (lb)

    7.5029

    -0.45

    -5.70%

    Zinc (lb)

    1.5102

    +0.00

    0.22%

    Copper (t)

    13431.18

    +559.82

    4.35%

    Aluminium (t)

    3105.15

    +50.95

    1.67%

    Nickel (t)

    16536.50

    -999.50

    -5.70%

    Zinc (t)

    3328.50

    +7.30

    0.22%

    Uranium (lb) weekly

    100.00

    +12.00

    13.64%

    Iron Ore (t)

    102.16

    -0.50

    -0.49%

  • Energy

    04 February 2026   Updated : 08:10   AEDT

    West Texas Crude

    64.05

    +1.84

    2.96%

    Brent Crude

    68.15

    +1.81

    2.73%

CALENDAR

Wednesday, 4 February 2026
US ADP Jan Employment
AMC1H26 Earnings
COF1H26 Earnings
CQE1H26 Earnings
NUFAGM
Thursday, 5 February 2026
AU Dec Trade Balance
EZ ECB MonPol Decision
UK BOE MonPol Decision
US Dec/2025 Trade Balance
US Weekly Jobless Claims
BPT1H26 Earnings
Friday, 6 February 2026

ALL WEATHER STOCKS

CodeCompanyPrice
CARCAR GROUP LIMITED

market icon up$27.72

REAREA GROUP LIMITED

market icon up$191.60

RMDRESMED INC

market icon down$36.29

TNETECHNOLOGY ONE LIMITED

market icon up$25.30

WOWWOOLWORTHS GROUP LIMITED

market icon up$31.01

WEEKLY PDF

Stories To Read From FNArena


WEEK 5
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WEEK 4
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WEEK 51
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WEEK 50
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WEEK 49
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FNARENA TALKS

FNARENA WINDOWS

Window on URANIUM

Uranium Week: Back Above US$100lb

Sprott capital raising results in a U308 spot market buying spree, taking local uranium stocks along for the ride

Feb 03 2026


Window on COAL

Is $5 The Next Target For New Hope Shares?

Fairmont Equities’ Michael Gable continues to favour energy stocks with New Hope back in focus after a recent share price pullback

Feb 03 2026


Window on WEALTH MANAGEMENT & INVESTMENTS

Weekly Update On LICs & LITs – 03-Feb-2026

Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX

Feb 03 2026


FEATURE STORIES

Australian Banks: Coming Home To Roost

Australia’s major banks once again largely met consensus forecasts in the November reporting season. The sector also has finally seen the sell-off warned of all year

Nov 27 2025