Daily FNArena News

A glance through the latest expert views and predictions about commodities with both Macquarie and RBS Australia lifting resource exposure in model portfolios, Citi revising its coal estimates and reasons why copper, gold and aluminium could find support.

Earlier than expected supply deficits in zircon and titanium oxide are sending prices through the roof, with producer Iluka enjoying enormous forecast earnings upgrades from brokers.

The National Australia Bank Monthly Business Survey showed both business confidence and conditions in Australia weakened in October.

ATW’s Jerry Simmons explains why the Dow could be on its way to 12,000 and beyond.

A glance through the latest expert views and predictions about commodities, with October’s price gains expected to continue, reasons copper can continue to run and Credit Suisse’s order of preference among Oz iron ore and steel plays.

Ahead of the Herd’s Rick Mills sees a bright future for uranium and for producer Uranerz in paricular.

One broker has been quick to move on QE2-based commodity prices changes and subsequent earnings forecast changes for BHP, Rio, Alumina and Iluka.

Emeco Holdings updated earnings guidance last week and the market received the news well, with brokers continuing to see value in the stock.

There are other factors impacting on prices for agri-commodities than USD and supply-demand, points out Ahead of the Herd’s Rick Mills.

Canada’s initial knock-back of BHP’s Potash bid has been met with relief by the market, but is the market wrong to now assume a buyback ahead?