Daily FNArena News - Commodities

A glance through the latest expert views and predictions about commodities with Goldman Sachs assessing the debt repayment capabilities of Oz miners along with base metals and ammonium nitrate updates.

Jonathan Barratt of Barratt’s Bulletin believes a low may well be forming in gold ahead of a stimulus-related recovery.

A glance through the latest expert views and predictions about commodities with revised commodity price forecasts, updates on coal, mineral sands and aluminium and the importance of yield for mining shares.

It was another slow week in the uranium spot market, with prices barely able to claw back the small losses posted the week before.

A glance through the latest expert views and predictions about commodities with CBA updating commodity forecasts and bulk market outlooks, copper prices under pressure and the Oz ammonium nitrate market.

Recent falls in the oil price mean the market is pricing in further global economic weakness but even allowing for modest growth a second half bounce in oil is expected.

Despite building expectations for uranium to rise, May was yet another steady month in the flat, post Fukushima U308 market.

A glance through the latest expert views and predictions about commodities, with Europe’s declining influence, international funds flows, nickel and emerging issues for mining companies.

Kathleen Brooks of FOREX.com suggests the future for gold is probably down, especially if the Eurozone crisis moves up a gear.

Macro concerns continue to impact on precious metals so Goldman Sachs has identified some keys for gold equities, while Barclays highlights a preference for palladium among PGMs.