Daily FNArena News

A glance through the latest expert views and predictions about commodities with both NAB and Goldman Sachs revising commodity price forecasts and Macquarie expecting Chinese demand will underpin prices in coming months.

As the Australian stock market slip-slides away on the strength of AUD, brokers assess the impact.

Global Construction Services has expanded via the acquisition of Global Industrial Services and lifted earnings guidance.

A desperate 50 basis point interest rate rise has hit Indian markets and growth prospects in response to March headline inflation of 9%.

Barclays Capital’s analysis of monthly seasonal trends shows May tends to be a good month for equities, nat gas and the US dollar, while commodity currencies and aluminium find the going tougher.

Energy Resources of Australia has proposed additional capex to deal with excess water inventory issues, the news being greeted by earnings and valuation cuts by brokers.

The current advance in risk assets is increasingly carried by a smaller group of leaders. This is not how a bull market looks like, highlights GaveKal.

The RBA has left its cash rate at 4.75% but has hinted of tightening to come.

Technical analysis by ATW’s Jerry Simmons suggests the price of gold is peaking.

The TechWizard predicts the Canadian dollar will play catch up with the AUD against the USD.