Daily FNArena News - Commodities

Mixed signals for copper; aluminium prices under threat; specific commodity exposure more critical for Australian resources; a steel & scrap rally.

Market analysts at FXCM discuss the technical picture for oil contrasted with sentiment measures.

What will it take for crude to rise?; focus on copper to return to China & production; divergence in aluminium prices.

Revenue trends in China; Chinese resources demand; hard times for coal; speculative buying in copper.

The uranium spot market continues to hold out for indications of price direction once settlements occur on several outstanding term contract tenders.

Ahead of next month’s (possible) production freeze meeting, market analysts at FXCM evaluate the world’s major oil producers and their influence.

After plunging sharply these past weeks, spot uranium found some support at lower levels last week.

Brokers unravel the prospects for resources in 2016, finding little in the way of supply/demand fundamentals to underpin the current rally.

Brokers seek a light at the end of the tunnel after the recent rally in the oil price but find the outlook is fairly dim.

The uranium spot price continues to slide away on lack of buying interest.