Daily FNArena News

The Chartist reports encouraging signs for Westpac which may yet point to more upside.

A glance through the latest expert views and predictions about commodities with iron ore market views updated, Citi revising commodity price forecasts, a survey of Chinese copper market participants and potential delays to Queensland resource projects.

Another broker has joined those warning that if margins don’t improve for Alumina Ltd a capital raising may be on the cards.

Uranium spot prices continue to waver as investors await an uptrend many are certain must be on the way.

The minutes of the July RBA meeting confirms the central bank’s surprise over Australia’s March GDP numbers and thus its decision to stay on hold.

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

Michael Gable of Novus Capital retains his target of 3600 for the ASX 200.

A decision by BMA to purchase its own locomotives and lower coal haulage volumes imply downside earnings risk for QR National.

BA Merrill Lynch has initiated coverage on Evolution Mining with a Buy rating, seeing the stock as an attractive mid-tier producer with strong leverage to the gold price and increases in reserves.

BullionVault notes the gold price in dollars is flat compared to year ago levels, a scenario that in recent years has been followed by solid gains in the coming 12 months.