While the proposed resource tax is nothing but bad from an industry point of view, confusion over details has led to varying analyst interpretations before we even consider whether this legislation will pass.
Morgan Stanley continues to expand its smaller cap company coverage, initiating with Overweight ratings on Campbell Brothers, Imdex, CSG Limited and SAI Global.
Spot uranium is back where it was one month ago.
The TechWizard reports he is following Fortescue shares with increased interest as a trading opportunity might present itself.
Barclays Capital’s review of seasonal trends shows May tends to be a positive month for equities, energy and precious metals.
Macquarie Group’s earnings were a little on the soft side but post-GFC it’s all about opportunities in a new frontier funded by plenty of capital on the balance sheet.
ResMed beat market expectations with its March quarter result and brokers continue to see share price upside from a solid earnings outlook.
To add further to copper’s woes, April has left a bearish signal on price charts.
The TD Securities-MI inflation gauge for April recorded a gain of 0.4% for the month.
A glance through the latest expert views and predictions about commodities, with infrastructure issues in South Africa likely to support coal but copper seen at a risk of a deeper correction.
