Big miners are scaling back capex plans and this has the potential to impact on the mining services sector, where brokers have updated their preferred exposures.
Downer EDI’s investor day has sparked several rating upgrades as the company’s fortunes improve post the Waratah debacle.
TheChartist is not yet shifting into cash but is tightening trailing stops on stock positions.
Jonathan Barratt of Barratt’s Bulletin looks to the next level for oil as euro-fear returns.
A glance through the latest expert views and predictions about commodities with updates on bulk commodity markets, changes to coal price forecasts, views on recent oil price weakness and a review of metal markets.
Economist Manmohan Singh and consultant Peter Stella argue money multiplier economics no longer holds, which implies less reason to fear an inflationary impact from expanding bank reserves.
The LNG debate heats up, with Moelis questioning the standalone capacity of Santos and Origin in the east coast CSM race.
While a majority of the brokers in the FNArena database rate Computershare as a Buy, Citi is less bullish given evidence the company is not well positioned for growth in the US.
If Europe isn’t getting all the attention China is, but no one ever mentions India when perhaps, given current problems, it should.
FNArena’s weekly update on short positions in the Australian share market.
