Hungary has announced its budget deficit is worse than previously anticipated. A fragile market has been spooked once more.
A snapshot of economist responses to today’s trade balance which showed a surprising swing back to surplus in April on surging iron ore and coal prices.
UBS has made minor changes to its model portfolio to reflect May market action, while RBS has identified potential ASX100 earnings surprises in August’s reporting season.
After delivering its Waratah bombshell on Tuesday, yesterday saw a resolute Downer management team hosting a scheduled Investor Day. Tomatoes anyone?
A glance through the latest expert views and predictions about commodities with updates on forecast steel production in 2010, recent coal price settlements and new palladium price forecasts.
Gold is currently struggling with resistance, but not in euro terms where a larger bull trend is poised to commence.
Chinese destocking of base metals will conclude in June, says Barclays Capital, and imports will return “en masse”.
A snapshot of economist responses to today’s March quarter GDP result for Australia.
At a time when the RSPT threatens Australian LNG projects, more bad news may stem from the Chinese government raising domestic gas prices, Macquarie suggests.
There are some unsettling comparisons playing out between 2007-08 and 2009-10, notes the Wiz.