A glance through the latest expert views and predictions about commodities. 2018 outlook; zinc; iron ore & steel; coal; aluminium; nickel; oil; and Australian miners.
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. RBC Capital Markets suspects Fortescue Metals will find it hard to achieve a broad uplift in iron ore grades and cost savings will also be difficult to obtain.
Michael Gable of Fairmont Equities is keeping a close watch on spot gold, suspecting there might be more upside in store.
Ahead of the Herd’s Rick Mills points out a potential new point of global conflict as both China and the US seek to secure critical resources.
FNArena has updated Australian Broker Call Reports for the post Christmas 2017 period. All Reports can be accessed via the Broker Call Archive on the website.
The FNArena service resumes this morning with the Australian Broker Call Report.
This is it from us, folks. After the break, we’ll return on January 15.
Pilbara Minerals has negotiated the sale of run-of-mine ore from Pilgangoora and brokers welcome the deal as an opportunity to generate some cash while the project is developed.
Caltex has guided to softer than expected profit for 2017 but brokers agree the key issue for 2018 will be the reaction from BP/Woolworths to the ACCC decision.
Challenging conditions continue for Japara Healthcare, which has flagged a weak first half, and lower FY18 guidance, in the wake of a severe flu season that has affected occupancy.
